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One of the benefits our customers will enjoy is access to more of the award-winning ingredients as we will increase our processing capacity by 1 million pounds of milk per day.

With the new package, Beetnik aims to improve on shelf presence and enhance overall appetite appeal while leveraging the USDA Organic label in a more prominent space.

His background includes executive leadership, strategic planning, leadership development and other critical business experience. Seeley has partnered with business leaders worldwide and worked with many Fortune 500 companies to help them dramatically improve profitability, productivity, and efficiency. 

The Impossible™ WHOPPER® features a flame-grilled patty made from plants topped with freshly sliced tomatoes and onions, crisp lettuce, creamy mayonnaise, ketchup and zesty pickles on a toasted sesame seed bun.

Axiom Foods provides niche vegan and allergen-friendly products to formulators as an increased number of consumers are demanding end-use products with healthier label claims.

Baird acted as exclusive financial advisor to Stonewall Kitchen on the transaction and Greenberg Traurig, LLP acted as legal advisor.

The company expects to use the net proceeds from the transaction to pursue a range of potential strategic options.

The company's facilities source, process, package and distribute nuts, trail mixes and other wholesome snacks to premier retail customers across the country. Flagstone will be headquartered in Minneapolis.

Chairman, founder and chief executive officer Joe Slawek said Thompson’s vision and leadership are assets for the company.

The food technology startup combines scientific innovation with ingredients from nature to create wholesome and nutritious food, restore natural ecosystems and feed a growing population sustainably.