Ÿnsect accelerates expansion with acquisition of Protifarm
The integration announces growth in Ÿnsect mealworm production capacity with two mealworns species now in its portfolio.
Ÿnsect, a supplier of natural insect protein, has acquired Protifarm, a Dutch AgTech business that offers mealworm ingredients for human food applications. Their joint offering will accelerate manufacturing capabilities with a third production site, as the company move to deliver on its long-term strategy to offer a healthy, sustainable solution to the accelerating consumption of protein.
Following the European Food Safety Authority deeming mealworms safe for human consumption this January, Ÿnsect is expanding into the market of food ingredients derived from insect ingredients for humans.
In addition to its sites in France, Ÿnsect now expands internationally wit the integration of Protifarm, a Dutch production site based in Ermelo, thus affirming the company’s position as one of the world’s largest insect food and feed player.
The Dutch vertical farm produces more than 1,000 metric tonnes of food ingredients annually. With two Ÿnsect production sites in operation and one under construction, the result is an increase in volume and accelerated production and delivery to customers.
Protifarm brings nearly 40 years of experience in insect breeding, and own 37 patents across 10 categories, bringing the total number of patents owned by Ÿnsect to nearly 300.
Tom Mohrmann, CEO of Protifarm, concluded: “The evolution of a more sustainable intake of nutrition is only at its beginning, but the demand for products meeting these standards is set to grow exponentially in the coming years. The consolidation of Protifarm with Ÿnsect will expand our scale to meet this demand globally.”