December 9, 2021
McCain Foods has agreed to invest $55 million in Strong Roots, a plant-based frozen food company, to take a minority stake in the business, according to a press release.
Strong Roots, with offices in the U.S., the U.K. and Ireland, will use McCain Foods' global presence to expand its footprint in existing markets, including Great Britain, Ireland, the U.S. and other markets. The partnership will also allow Strong Roots to expand into the foodservice market through McCain Foods' out-of-home network.