Above Food Ingredients Inc. announced its participation in the Centurion One Capital 2nd Annual Bahamas Summit, with Martin Williams, Co-Founder, scheduled to present on October 23, 2024. During his presentation, Mr. Williams will discuss details related to the company's recent strategic acquisition of The Redwood Group, LLC’s Specialty Crop Foods Ingredients Division.
This acquisition is described as an accretive transaction involving a scaled and profitable operator. The Redwood Group’s Specialty Crop Foods Ingredients Division generated US$164 million of revenue in fiscal year 2023.
The transaction represents a significant expansion within the U.S. market for Above Food. It also provides greater penetration into both human and pet food end markets for the company.
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