Kemin Industries, a global ingredient manufacturer that strives to sustainably transform the quality of life every day for 80 percent of the world with its products and services, announced it has acquired Proteus Industries, Inc, a privately owned food technology and ingredient company that created, developed, and patented novel clean label protein ingredients and applications to improve yield, nutrition, and quality in a variety of meat and poultry and protein-based applications.
This acquisition adds sustainable clean label yield enhancement technology to the global Kemin Food Technologies portfolio of ingredient solutions.
“Kemin Food Technologies is excited to welcome Proteus to the Kemin family,” said Marc Scantlin, President, Kemin Food Technologies – Americas. “We have retained the entire Proteus team, with Bill Fielding, current Proteus CEO, being named as General Business Manager and Dr. Stephen Kelleher being named Research Fellow. We look forward to Bill, Steve and the entire Proteus team of experts becoming an integral part of our organization. Together, we will work to further develop this exciting technology, providing a sustainable protein source and new solution for our customers, while meeting an important need in the marketplace.”
“This acquisition is timely, as this technology allows us to provide the industry with additional product offerings and expanded production capabilities,” said Giuseppe Abrate, Group President, Kemin Food and Human Nutrition. “It is also a game changer, as it enables us to achieve the Kemin mission to sustainably transform the quality of life for consumers. This is critical as the growing world population continues to increase the demand on our food supplies. Consumers are also demanding improved nutrition and cleaner label ingredients. One of the larger challenges facing the industry today is how to meet the rising demand for protein, better nutrition and cleaner labels, without negatively impacting cost or quality.”
“We are excited for the future, as Kemin and Proteus bring together the dedication, technology, innovation, manufacturing and human resources to offer solutions on a larger scale,” said Bill Fielding, former Proteus CEO, now General Manager within Kemin Food Technologies. “By providing sustainably sourced, functional, muscle-based protein ingredients in various forms for easier application and greater industry reach, we can help processors more naturally retain moisture and protein typically lost in process. This means we can accomplish so much— protecting margins with cleaner ingredients, while enhancing quality and nutrition, as well as improving the way the world eats.”
Established in 1961, Kemin is a privately held, family-owned-and-operated company with more than 2,800 global employees and operations in 90 countries, including manufacturing facilities in Belgium, Brazil, China, India, Italy, Russia, San Marino, Singapore, South Africa and the United States.
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