V2food buys U.S.-based Daring Foods to give it additional food and beverage offerings, both in new products and new markets across the world.

Australian plant-based meat producer V2food has acquired a popular unbreaded plant-based chicken analogue company, Daring Foods meant to transform the food and beverage industry, and is one of the most notable. The alliance will further entail Ajinomoto Co., which will enhance innovation of plant-based products due to its experience in AminoScience.

V2food, a certified B Corp, shared the acquisition announcement on LinkedIn, stating that the combination of V2food's proprietary food technology, the robust U.S. market presence of Daring and the century-long experience in the industry of Ajinomoto creates a synergy that will have a significant impact. According to the same report, the alliance is supposed to bring faster creation of the next generation of plant-based products such as varieties of frozen products with clean tags and natural components.

Daring is an ideal acquisition that adds to V2food because its brand is well known to consumers and it has a wide presence in the U.S., according to its CEO, Tim York. The acquisition complies with the vision of V2food, which is to be a global leader in plant-based protein and strengthen its presence in the competitive food and beverage market.

The strategic growth is an additional milestone in the work of V2food to be innovative and respond to increased demand for sustainable food and beverage alternatives in the global market.