Above Food's Recent Montana-Based Asset Acquisition Expands Access to High-Growth Pet Food Market and Strengthens Chickpea Market Presence

Acquisition Overview: Above Food Ingredients Inc. has acquired The Redwood Group, enhancing its operational capabilities and market presence in the plant-based food sector, particularly in the growing US$26 billion pet food market and the US$15 billion chickpea market.

Operational Synergies and Growth Potential: The acquisition is expected to improve facility utilization and production efficiency at Above Food's Saskatoon center, while also expanding processing capacity with new facilities in Montana, positioning the company for significant growth in high-demand markets.