M&A Deal Summary

Above Food Acquires NorQuin

On May 19, 2022, Above Food acquired food company NorQuin

Acquisition Highlights
  • This is Above Food’s 1st transaction in the Food sector.
  • This is Above Food’s 1st transaction in Canada.
  • This is Above Food’s 1st transaction in Saskatchewan.

M&A Deal Summary

Date 2022-05-19
Target NorQuin
Sector Food
Buyer(s) Above Food
Deal Type Add-on Acquisition

Target

NorQuin

Saskatoon, Saskatchewan, Canada
NorQuin is a technology-enabled agricultural business & a vertically integrated supplier of quinoa and quinoa derivative products that can be used in a variety of applications. NorQuin is based in Saskatoon, Saskatchewan.

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Buyer(S) 1

Buyer

Above Food

Regina, Saskatchewan, Canada

Category Company
Sector Food
DESCRIPTION

Above Food is a plant-based food company that celebrates delicious products made with real ingredients, real nutrition, real flavor, and real transparency. Above Food is based in Regina, Saskatchewan.


DEAL STATS #
Overall 2 of 4
Sector (Food) 1 of 3
Type (Add-on Acquisition) 2 of 2
State (Saskatchewan) 1 of 1
Country (Canada) 1 of 1
Year (2022) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-02-10 Sonic Milling Systems

United States

Sonic Milling Systems is a disruptive food technology company. The company has focused on developing processing technologies, specifically on implementation of hydrodynamic-cavitation.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-05-16 GoodWheat

Dallas, Texas, United States

GoodWheat provides pasta, pancake mixes, single-serve Quikcakes, macaroni, and cheese.

Buy $4M