TTCF - Mergers and acquisitions

PARAMOUNT, Calif., Dec. 22, 2021 (GLOBE NEWSWIRE) -- Tattooed Chef, Inc. (NASDAQ:TTCF) ("Tattooed Chef" or the "Company"), a leader in plant based foods, today announced that on December 21, 2021 it completed the acquisition of Belmont Confections, Inc. ("Belmont"), a private label co-manufacturer of snack bars, for approximately $18 million in cash and stock, subject to a customary adjustment based on working capital at closing. Belmont specializes in the development and manufacturing of a variety of snack bars. The 47,000 square foot facility in Youngstown, Ohio expands Tattooed Chef's manufacturing capabilities into a new category and accelerates the Company's expansion into ambient

Nutrition Bar Acquisition Expands Manufacturing Capabilities and Accelerates Expansion into Ambient Products Transaction to Close in the Fourth Quarter of 2021 PARAMOUNT, Calif., Oct. 26, 2021 (GLOBE NEWSWIRE) -- Tattooed Chef, Inc. (NASDAQ:TTCF) ("Tattooed Chef" or the "Company"), a leader in plant based foods, today announced it has entered into an agreement to acquire Belmont Confections, Inc. ("Belmont"), a private label co-manufacturer of nutrition bars, for approximately $18 million in cash and stock. The transaction has been unanimously approved by Tattooed Chef's Board of Directors and the acquisition is expected to close in the fourth quarter of 2021. Based in Youngstown, Ohio,

PARAMOUNT, Calif., May 18, 2021 (GLOBE NEWSWIRE) -- Tattooed Chef, Inc. (NASDAQ:TTCF) ("Tattooed Chef" or the "Company"), a leader in plant-based foods, today announced that on May 14, 2021, it completed the acquisition of New Mexico Food Distributors, Inc. and Karsten Tortilla Factory, LLC (collectively referred to as "Foods of New Mexico") for approximately $37.0 million in cash, subject to a customary adjustment based on inventory at closing. Foods of New Mexico produces ready-to-eat Mexican food items for both retail and food service. This acquisition diversifies Tattooed Chef's manufacturing capabilities, expands production capacity, and accelerates the Company's expansion outside fr

Will Expand Manufacturing Capacity and Product Portfolio with Full Array of Mexican Plant-Based Foods Transactions Expected to Close in Early May Company Updates 2021 Outlook PARAMOUNT, Calif., May 03, 2021 (GLOBE NEWSWIRE) -- Tattooed Chef, Inc. (NASDAQ:TTCF) ("Tattooed Chef" or the "Company"), a leader in plant-based foods, today announced it has entered into agreements to acquire New Mexico Food Distributors, Inc. and Karsten Tortilla Factory, LLC (collectively referred to as "Foods of New Mexico") for approximately $35 million in cash. The transactions have been unanimously approved by Tattooed Chef's Board of Directors. Tattooed Chef expects to close the transactions in early May,

NEW YORK, Jan. 15, 2021 /PRNewswire/ -- 2020 was an interesting year in regards to consumer spending habits, with some trends resurfacing from the dead and others falling flat. One sector that experienced massive growth last year, and is expected to continue upward for years to come, is plant-based food. Dollar sales of plant-based foods grew 11% in the past year and 29% over the past two years. At the same time, the global plant-based protein market is anticipated to register an annual growth rate of 7.0% to reach a valuation of USD 16.63 Million by 2027. Plant-based food companies like Beyond Meat (NASDAQ: BYND), Tattooed Chef Inc. (NASDAQ: TTCF), The Very Good Food Company (CSE: VERY)