MeliBio’s Bee-Free Honey Technology Acquired by FoodYoung Labs

MeliBio, a California-based developer of plant-based honey alternatives, has been acquired by Swiss foodtech company FoodYoung Labs. This acquisition includes MeliBio’s Mellody® brand and technology, aiming to enhance sustainable food product development. The partnership is expected to leverage FoodYoung’s expertise in food innovation to scale MeliBio’s offerings in the market.

Original excerpt: “For foodtech to thrive, it needs the kind of deep roots that only experienced food companies can offer”…

Source: vegconomist