Canadian regenerative ingredients company Above Food has agreed to acquire the speciality crop food ingredients division of The Redwood Group for approximately $34 million, in a move that strengthens its global supply chain and ingredient capabilities.

Under the terms of the deal, Above Food will pay $8.1 million in cash and issue 5.6 million common shares, with the transaction subject to customary closing adjustments.

The Redwood Group’s crop ingredients division, headquartered in Montana, US, supplies grains, pulses and speciality crops to customers across more than 35 countries. Its vertically integrated operations span origination, merchandising, processing and value-added finishing, serving both the human and pet food sectors.

Above Food said the acquisition aligns with its seed-to-fork model, which ensures full control over sourcing, processing and product development, while maintaining commitments to traceability, quality, and regenerative agriculture practices.

Lionel Kambeitz, founder, president, CEO and executive chairman of Above Food, commented:

“The Redwood Group’s speciality crop ingredient division operates in full harmony with our seed-to-fork approach. It brings top-tier processing and storage capabilities, backed by robust safety and quality systems, and strong relationships with growers, suppliers and customers.”

Mike Kincaid, founder and president of The Redwood Group, described the transaction as a “significant milestone” for the company:

“While it’s a bittersweet moment in our history, this deal represents a tremendous opportunity for our teams in Mission, Kansas and Chester, Montana, to join an organisation focused on speciality crops and value-added opportunities both regionally and globally.”

He added that Above Food’s acquisition would enable the combined business to enhance utilisation and expand margin structures across several Above Food assets.

The deal follows Above Food’s acquisition of Brotalia last month – a Spanish plant-based food and technology firm specialising in 3D printing and dry fermentation systems – as the company continues to expand its regenerative food platform and global ingredients footprint.

Would you like me to add a headline deck + meta description (for SEO and web publishing) in the same B2B style? It’s typically how professional food trade outlets prepare article intros.