Finland Times

 

File Photo Lehtikuva.

Finnish food company Paulig Group on Thursday announced it has acquired majority stake in food tech company Gold&Green Foods.

 

The two companies signed an extensive agreement at the end of August to further accelerate the production capacity for pulled oats and to launch the commercialisation of the innovation in the international market, said Paulig in a statement.

 

Pulled oats, a product of Gold&Green, according to Paulig is “perfect protein” meat alternative made from oats, faba beans and peas by shearing. It is able to challenge meat products in terms of nutritional value, texture, mouthfeel and flavour. Pulled oats contains as much as 30% protein and has a superior amino acid composition.

 

According to Paulig, the product is rich in beta-glucan, the oat fibre that has many proven health effects to heart health and digestion.

 

“The astounding demand for our product has been a pleasant surprise. The partnership with Paulig provides us with the resources and competence to increase the production of pulled oats in Finland and abroad. We are both thrilled to create the prerequisites for this Finnish innovation to conquer the world,” said Maija Itkonen, the Managing Director of Gold&Green Foods.