Eat Just and Proterra Asia Partner on JUST Egg Protein Facility and Expansion
Eat Just, Inc. announced a partnership with a consortium led by Proterra Investment Partners Asia Pte. Ltd. (Proterra Asia), an investment management firm focused on the food and agribusiness sectors, to meet demand for the plant-based JUST Egg in Asia.
The consortium will invest up to $100 million and Eat Just will invest up to $20 million to build and operate their first-in-Asia, and largest, plant protein production facility in Singapore. The resulting Eat Just subsidiary, to be known as Eat Just Asia, will serve JUST Egg manufacturing and distribution partners across Asia.
The partnership combines Eat Just’s proprietary protein separation technology, leadership and innovative business model with...
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