Tyson Foods Says Made Addl Investment In Protein Producer Beyond Meat

Shutterstock photo

(RTTNews.com) - Tyson Foods Inc. ( TSN ) has made an additional investment in plant-based protein producer Beyond Meat.

While the terms are not being disclosed, Tyson Foods' latest investment slightly increases its ownership stake in Beyond Meat from the 5 percent established a year ago.

Beyond Meat reports the latest fundraising round, which also includes the support of venture capital fund Cleveland Avenue, will be used to expand production, fund the company's R&D commitment, and expand sales and distribution.

For comments and feedback: contact editorial@rttnews.com


This article appears in: World Markets , Stocks , Commodities
Referenced Symbols: TSN

More from RTT News


See headlines for TSN

Research Brokers before you trade

Want to trade FX?