who owns merit functional foods?

In 2019, Merit Functional Foods Corporation was established in a joint venture by Burcon and three veteran food industry executives. Merit Functional Foods was formed as a joint venture between Burcon and three executives from the food industry in May 2019. Merit's product portfolio of pea and canola protein ingredients supports the growing need for highly functional and taste-forward plant-based applications. Terms of use. Article Sidebar. Construction is well underway, and the plant is on track to be fully operational by December 2020. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements or information. 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. Although Burcon believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance, and accordingly, investors should not rely on such statements. 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 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.. Please select how you would like to be notified of updates by this Company: Display Updates For This Company in My Member Account Online. Merit Functional Foods jobs. Merit Foods will disrupt the industry’s perception of plant-based protein with high quality functional ingredients that are unmatched in purity, superior in solubility and exceptional in taste. 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. This press release contains forward-looking statements or forward-looking information within the meaning of the U.S. Get a clean start to your product innovation. Founded: 1999 | Revenues: $0.01 Million "Burcon is thrilled to have Bunge as an equity partner in Merit Foods," said Johann F. Tergesen, Burcon's president and chief executive officer, adding: "This secures the future for Merit, which will benefit greatly from Bunge's large canola origination footprint and multinational platform. Private Securities Litigation Reform Act of 1995 and applicable Canadian securities legislation. 15 Employees In BC (15 Total) Founded: 1999 | Revenues: $0.01 Million, New Job Listings Posted By This Company 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 from Agriculture and Agri-Food Canada (the “AIP Loan”). In 2019, Merit Functional Foods Corporation was established in a joint venture by Burcon and three veteran food industry executives. overflow: none; The TSX has not reviewed and does not accept responsibility for the adequacy of the content of the information contained herein. 15 Employees In BC (15 Total) Page 1 of 26 jobs. Registration on or use of this website constitutes acceptance of our Terms of Use. ST. LOUIS — Bunge Ltd. has made a $300 million capital investment in Merit Functional Foods, giving the ingredient supplier a minority interest in the Canadian-based company. Rachelle Catellier Regulatory and Logistics Specialist St-Pierre-Jolys, MB. 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. Company Profile Changes and Updates Burcon is a global technology leader in the development of plant-based proteins. Its entire portfolio aligns with a number of consumer label preferences, including allergen-free, gluten-free, non-dairy, non-GMO, non-soy and vegan. The state-of-the-art facility, which is scheduled to be completed in Q4 2020 will be the only commercial facility in the world with the capability to produce food grade canola proteins. Canadian plant-based company Merit Functional Foods is partnering with Bunge Limited. The TSX has not reviewed and does not accept responsibility for the adequacy of the content of the information contained herein. All statements other than statements of historical fact included in this release are forward-looking statements, including, without limitation, statements regarding the expected use of proceeds contained in this press release. Photo by Postmedia files. 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 … Any forward-looking statement or information only speaks as of the date on which it was made and, except as may be required by applicable securities laws, Burcon disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise. Tel (604) 733-0896, Toll-free (888) 408-7960, Legal notice | In 2019, Merit Functional Foods Corporation was established in a joint venture by Burcon and three veteran food industry executives. white-space: -moz-pre-wrap; /* Mozilla */ In 2019, Merit Functional Foods Corporation was established in a joint venture by Burcon and three veteran food industry executives. Indeed may be compensated by these employers, helping keep Indeed free for job seekers. Merit Functional Foods Corp. Winnipeg plant gets $100M in federal financing to pull protein from peas, canola. About Merit Functional Foods 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. word-wrap: break-word; /* IE */ All statements other than statements of historical fact included in this release are forward-looking statements, including, without limitation, statements regarding the expected use of proceeds contained in this press release. It was incorporated on 15 May 2019 (Wednesday) in Canada and as of 15 May 2019 (Wednesday) is an active company. 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