Livekindly Collective inks production deal with plant-based meat peer Tindle

Core Insights - The Livekindly Collective (LKC) has entered a co-manufacturing and distribution agreement with Tindle Foods for plant-based meats, focusing on the US, German, and UK markets [1] - LKC aims to leverage its manufacturing capabilities and operational expertise to expand its plant-based food portfolio and enhance its market presence [2][3] Company Strategy - LKC's CEO David Suarez highlighted a shift from organic growth to exploring inorganic growth opportunities, indicating financial stability as a key factor [2] - The company operates three manufacturing plants located in the Netherlands, Sweden, and South Africa, which support its production capabilities [2] Market Focus - Germany and the UK are significant markets for LKC's branded meat-alternative products, while South Africa is also a key market for its Fry's brand [3] - Tindle Foods is pivoting towards private-label products, moving away from branded alternatives, which reflects a trend in the plant-based category becoming more price-driven [5] Financial Performance - LKC reported its first profit in September since its establishment in 2020, indicating a positive financial trajectory [6]