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Synopsis
Ÿnsect, a natural insect protein company, completed the acquisition of Protifarm, a provider of mealworm ingredients for human food applications. Financial terms were not disclosed. "Protifarm is a compelling fit for Ÿnsect, perfectly matching our long-term goals and sustainability values. Acquiring Protifarm is a strategic next step for us, strengthening Ÿnsect's leading position in the global market and allowing us to properly address the human and pet food markets with complementary products," Antoine Hubert, Ÿnsect Co-Founder and CEO.
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