Blue Horizon-backed Foods United completed the acquisition of a 51% stake in LikeMeat from Heristo.

Blue Horizon-backed Foods United, a global food brand, completed the acquisition of a 51% stake in LikeMeat, which specialises in the production of vegan meat alternatives, from Heristo, a family-run, diversified group of companies acting in the business sectors of meat processing, fine food, pet food as well as the import and export of food in the German and the international market. Financial terms were not disclosed. “This strategic investment of 51% in LikeMeat is a first significant step for us in building a group of companies in the highly dynamic plant-based food sector. We look forward to actively supporting the LikeMeat team in product development and marketing in the future," Bjorn Witte, Foods United Board Member.