S-Ventures PLC - investment firm - Acquires 50% interest in Vegan Punk Ventures Ltd, which will invest in the production and sale of plant-based meat and fish alternatives.
S-Ventures will invest up to GBP100,000 in loans to co-fund the joint venture. Vegan Punk will operate under the PlantPunk brand, under which the joint venture will scale up the production and marketing of its ZeroBeef range of plant-based meat alternatives.
"We are thrilled to welcome Dave, along with the PlantPunk brand, to S-Ventures and look forward to expanding on the great work that has already been done by Dave and his team. We are confident that together we can take PlantPunk to the next level in the plant-based alternatives market," says Chief Executive Officer Scott Livingston.
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By Dayo Laniyan; dayolaniyan@alliancenews.com
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