GreenSpace Brands Inc., Canada, acquired Galaxy Nutritional Foods, the North Kingstown, R.I.-based owner of the GO VEGGIE brand of plant-based products.
"We couldn't be more excited to work with Rick Antonelli and the Galaxy team in ensuring we make GO VEGGIE the No. 1 plant-based foods business in North America," says Matthew von Teichman, chief executive officer of GreenSpace Brands. "This transformational acquisition brings with it a bunch of wins, including getting us into a coveted vertical of plant-based dairy, allowing us to further leverage our Canadian platform by introducing the GO VEGGIE brand to Canada, and allowing us to leverage our new U.S. platform to launch some of our more innovative products from Canada. Plant-based foods are growing exponentially, and we now have a brand that allows us to play in that space."
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