Lists Featuring This Company. Pricing. Additionally, a partnership with The Winning Combination of Winnipeg will help Merit assess and confirm pea and canola protein functionality and stability. Merit Functional Foods is committed to exceeding expectations for plant-based protein, providing the market with disruptive protein ingredient solutions that offer unmatched purity, exceptional taste, and excellent solubility.. Burcon JV Company Merit Functional Foods Secures Additional $10 Million Funding Merit Functional Foods General Information Description. Merit Functional Foods Corporation. Save. The company's filing status is listed as Active and its File Number is 4288360. For more information, visit winning-combination.com. Vancouver, June 22, 2020 / – Burcon NutraScience Corporation (“Burcon”) (TSX:BU, OTCQB:BUROF), a global technology leader in the development of plant-based proteins, is pleased to announce that its joint venture company, Merit Functional Foods Corporation (“Merit Functional Foods” or “Merit”) has secured additional debt financing of $10 million in the form of a 10-year interest free loan … Functional foods can be considered to be those whole, fortified, enriched or enhanced foods that provide health benefits beyond the provision of essential nutrients (e.g., vitamins and minerals), when they are consumed at efficacious levels as part of a varied diet on a regular basis. The projects represent potential investment of more than $130 million and include projects from Alberta, Saskatchewan, Manitoba, and Ontario. Established in 2019, Merit Functional Foods is committed to exceeding expectations for plant-based protein, providing the market with the highest quality protein ingredients and blends that offer unmatched purity, exceptional taste, and excellent solubility. Forward-looking statements or forward-looking information involve risks, uncertainties and other factors that could cause actual results, performances, prospects and opportunities to differ materially from those expressed or implied by such forward-looking statements. Merit Functional Foods was established in a joint venture by Burcon (BU.t) and three veteran food industry executives. Vancouver, British Columbia--(Newsfile Corp. - June 22, 2020) - … This financing will further support Merit Functional Foods' growth plans and allow for expansion of their pea and canola protein capacity. “We are very excited to be working with two local businesses to produce a Manitoba product that meets the growing global demand in this space,” said Mark Colley, Chief Operating Officer of The Winning Combination. It is one of Canada’s five innovation superclusters, which are government-initiated efforts to significantly boost Canada’s job market, GDP, groundbreaking research, and bold innovations. ; A merit good is a product that society values and judges … Campbell & Company Public Relations With over 285 issued patents and more than 250 additional patent applications, that have been developed over a span of more than twenty years, Burcon has grown an extensive portfolio of composition, application, and process patents covering novel plant-based proteins derived from pea, canola, soy, hemp, sunflower seed and more. Puratein® canola protein. DGAP-News: Burcon NutraScience Corp. Founded in 1999, The Winning Combination is one of Canada’s largest manufacturers of natural health products and nutrition supplements. Private Manitoba Companies . Merit Foods is building a state-of-the-art protein production facility in Manitoba, Canada, where it will produce, under license, Burcon's novel pea and canola protein ingredients. ST. LOUIS — Bunge Ltd. has made a $30 million capital investment in Merit Functional Foods, giving the ingredient supplier a minority interest in the Canadian-based company. “This facility is going to be key in redefining plant-based protein,” Merit Co-CEO Ryan Bracken said. Merit Functional Foods is building a 94,000 square foot production facility in Winnipeg, Manitoba to produce high quality pea and canola proteins. Forward looking statements or forward-looking information can be identified by words such as "anticipate," "intend," "plan," "goal," "project," "estimate," "expect," "believe", "future," "likely," "may," "should," "could", "will" and similar references to future periods. Search Crunchbase. Merit has now secured a combined $95 million debt financing package from a consortium of lenders including Export Development Canada, Farm Credit Canada, Agriculture and Agri-Food Canada, and the Canadian Imperial Bank of Commerce. Diese News empfehlen an Empfänger Name:* Empfänger E-mail:* Kurze Nachricht: Ihr Name: Ihre E-mail: * Sie können diese Empfehlung an mehrere Personen gleichzeitig versenden indem Sie Namen und E-Mail-Adressen der Empfänger bei der Eingabe mit … “The consortium consists of businesses from across the value chain coming together to create new products not currently produced anywhere else in the world. Summary Technology Signals & News. “This project is a great example of why the Innovation Superclusters Initiative was created,” Protein Industries Canada CEO Bill Greuel said. Merit's product portfolio currently consists of three product family offerings: pea protein, non-GMO canola protein, and MeritPro(TM), a unique lineup of nutritionally complete protein blends. Get the most out of Crunchbase . plam@burcon.cawww.burcon.ca, Media Contact: Merit Foods is building a state-of-the-art protein production facility in Manitoba, Canada, where it will produce, under license, Burcon… PIC is an industry-led, not-for-profit organization committed to positioning Canada as a global source of high-quality plant protein ingredients. Nestle takes big steps in plant-based protein . In 2019, Merit Functional Foods Corporation was established in a joint venture by Burcon and three veteran food industry executives. The facility will produce the world’s highest purity and highest quality pea and canola protein, is well underway. Fully compliant with all Canadian and international quality control standards, The Winning Combination manufactures all of its products in accordance with GMP guidelines. To view it please enter your password below: Password: Forward-Looking Information Cautionary Statement Merit Functional Foods: Merit Functional Foods seeks to bring purity and functionality to plant-based market Merit Functional Foods is helping to solve formulation challenges in plant-based protein products with its line of pea and canola proteins. Merit Functional Foods is committed to outgrowing expectations for plant-based protein. Log In. Peas. Merit Foods is building a state-of-the-art protein production facility in Manitoba, Canada, where it will produce, under license, Burcon's novel pea and canola protein ingredients. Merit Functional Foods | 4,080 followers on LinkedIn. Important factors that could cause actual results to differ materially from Burcon's plans and expectations include the actual results of business negotiations, marketing activities, adverse general economic, market or business conditions, regulatory changes and other risks and factors detailed herein and from time to time in the filings made by Burcon with securities regulators and stock exchanges, including in the section entitled "Risk Factors" in Burcon's annual information form dated June 28, 2019 filed with the Canadian securities administrators on www.sedar.com. Merit Foods is building a state-of-the-art protein production facility in Manitoba, Canada, where it will produce, under … Protein Industries Canada is an industry-led, not-for-profit organization committed to positioning Canada as a global source of high-quality plant protein ingredients. Burcon NutraScience Corp.: Merit Functional Foods Expanding Production Capacity. Recent News & Activity. Functional Foods can aid in: Portion control: people generally attempt to consume meals to completion; therefore, meal portion size significantly impacts a person’s total calorie intake. The collaboration will expedite the construction of Merit’s “state-of-the-art” plant-based protein production facility located in Winnipeg, Manitoba, Canada, where it will produce novel pea and canola protein ingredients. Save. Get a clean start to your product innovation. This content is password protected. About . Merit Functional Foods is a joint venture (JV) between Burcon NutraScience and an investor group comprising Hemp Oil Canada founder Shaun Crew, former Manitoba Harvest COO Barry Tomiski and former Manitoba Harvest vice-president Ryan Bracken. Bunge Limited (NYSE: BG) (“Bunge”), a leading international agribusiness and food company, has made a $30 million (CAD) capital investment in Merit, … For more information, visit meritfoods.com. Summary Technology Signals & News. The Registered Agent on file for this company is The Corporation Trust Company and is located at Corporation Trust Center 1209 Orange St, Wilmington, DE 19801. The partnership will expedite the construction of Merit’s plant-based protein production facility … In 2019, Merit Functional Foods Corporation was established in a joint venture by Burcon and three veteran food industry executives. Try Pro free Solutions. Merit Functional Foods has announced its new partnership with ternational agribusiness and food company Bunge Limited. Investor Contact Established in 2019, Merit Functional Foods provides the highest quality protein ingredients and blends that offer unmatched purity, exceptional taste, and excellent solubility. leistungsabhängigsociol. President Manager, Business Development The collaboration will expedite the construction of Merit’s “state-of-the-art” plant-based protein production facility located in Winnipeg, Manitoba, Canada, where […] Merit Functional Foods reported construction of its 94,000-square foot production facility in Manitoba, Canada. Merit Functional Foods. “This investment is exciting and empowering for Merit as it grows as a company,” Merit Co-CEO Ryan Bracken said. Highlights. Pea and canola boost: New funding expands Merit Functional Foods' disruptive plant protein technology 14 Jan 2020 ---Canada’s Merit Functional Foods, in consortium with seed processor Pitura Seeds and health brand The Winning Combination, has raised new capital to rapidly expand its ability to meet market demand for plant-based proteins and by-products, including trending peas and canola. “The support we’ve received from Protein Industries Canada thus far has been outstanding, and it is a crucial driver for our continued growth,” Bracken said. TECH@CCOM-PR.COM, 23.06.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Bunge, an international agribusiness and food company headquartered in Missouri, US, has made a C$30m (US$22.9m) capital investment in Merit, giving the global ingredient supplier a minority interest in Merit. Merit Foods aims to be the best local independent family owned full-line food Distribution Company in Arizona. “We’re entering the new year grateful and determined, and we’re eager to start offering our protein to the market when our facility is completed in the fourth quarter of 2020.”. This will create a new value-added revenue stream for canola grown in Western Canada, which was previously limited to the extraction and sale of canola oil. 06/22/2020. Burcon JV Company Merit Functional Foods Secures Additional $10 Million Funding. 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