Kemin Industries has acquired Proteus Industries in a move to expand its portfolio of ingredient solutions.
Founded in 2001 in Massachusetts, US, Proteus Industries has developed a range of novel functional protein ingredients that is said to provide meat and poultry manufacturers with a clean label, yield enhancement solution.
The addition of the yield enhancement technology to the Kemin Food Technologies portfolio is expected to strengthen Kemin’s position in the global meat processing industry.
Kemin is rebranding the ingredient technology as Proteus, which it says is now available to Kemin customers in the US.
According to Kemin, Proteus can help food processors to improve texture and moisture retention without reliance on artificial ingredients.
“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.”
He added: “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.”
Bill Fielding, newly appointed general manager within Kemin Food Technologies, said: “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.
“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.”
In addition to the clean label phosphate alternative, the acquisition adds meat block replacement and fat block technologies to Kemin’s ingredient solutions portfolio in the US.