# Bunge takes minority interest in Merit Functional Foods

Bunge Ltd. made a 30 million Canadian-dollar capital investment in Merit Functional Foods, giving it a minority interest in the Canadian company to accelerate construction of a plant-based protein production facility.

- Type: Investment
- Announced: 2020-09-08
- Where: Winnipeg, Manitoba, Canada
- Value: $22.5M (30.0M CAD)
- Status: announced
- Products: plant-based protein
- Sectors: [Food Processing Equipment](https://endata.com/sectors/food-processing-equipment.md)

## Companies

- [Bunge](https://endata.com/companies/2042.md) (investor)
- [Merit Functional Foods](https://endata.com/companies/49314.md) (partner)

## Sources

- [dairyfoods.com](https://www.dairyfoods.com/articles/topic/2655-supplier-news?page=30), 2020-09-22: "Bunge Ltd., Chesterfield, Mo., made a 30 million Canadian-dollar capital investment in Merit Functional Foods, Winnipeg, Manitoba, giving the global ingredient supplier a minority interest in the Canadian company."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.