financetom
Business
financetom
/
Business
/
Clean Food Group - Transformational acquisition of one million litre fermentation facility
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Clean Food Group - Transformational acquisition of one million litre fermentation facility
Sep 24, 2025 11:14 PM

Fast tracked commercialisation process and CFG now uniquely positioned to address US$20 billion market

LONDON--(BUSINESS WIRE)--

Clean Food Group, a leading UK food tech business pioneering the manufacture of sustainable oils and fats through fermentation, today announces that it has acquired the assets of Algal Omega 3 Ltd (in administration) (‘AO3’).

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250924809011/en/

This transformational acquisition provides CFG with immediate access to one million litres of fermentation capacity, positioning the Group as the world’s largest manufacturer of yeast fermentation-derived sustainable oils and fats. The 12-acre site in Knowsley, Liverpool city region, already recognised as a centre of biotech excellence, includes extensive R&D facilities and significant opportunity for future expansion.

CFG has already validated commercial-scale production at the facility, manufacturing two tons of oil in a recent fermentation run. This milestone materially de-risks the acquisition, demonstrating the robustness of CFG’s proprietary technology platform, and proving its ability to scale in existing manufacturing facilities without costly new-build infrastructure.

With this acquisition, CFG is uniquely positioned to produce microbial oils at commercial scale, significantly reducing the capex required to supply sustainable oils and fats at competitive price points to agricultural equivalents across food, cosmetics and pet food markets. CFG announced last week that it had received regulatory approval for its CLEAN Oil™ 25 product to be used as a cosmetic ingredient in the United Kingdom, Europe, and the United States.

Food manufacturing veteran Bill Thurston, former Managing Director of Dawn Foods, CSM Bakery and CFG NED, has been appointed Managing Director of the Knowsley facility. Bill has extensive oils and fats experience, having led the acquisition of Unilever’s edible oils and fats business as CEO of CSM, and served as MD of Arkady CraigMillar. Bill will lead a senior manufacturing team on-site to oversee operations and integration with immediate effect.

Alex Neves, CEO of CFG, said: “With this acquisition, we have fast-tracked our route to market, leapfrogging the traditional, capital-intensive path from pilot to demo to new build commercial plant, which can take years and cost upwards of US$100 million. With commercial-scale validation already established at our new Knowsley facility, Clean Food Group is ready to capitalise on the US$20 billion market opportunity ahead, and to advance its planned Series A funding round, now expected for H1 2026.

“This is not just the opening of a fermentation plant, it is the dawn of a new era in UK biotechnology, one that places the Liverpool city region at the beating heart of the new Bio-Industrial Revolution.”

Bill Thurston, Managing Director, added: “I am very pleased to be joining the executive management team of Clean Food Group at such a transformational time for the business. With my 30 years of experience in commercial and food manufacturing, I look forward to rapidly establishing this site as a global leader in sustainable alternatives to tropical oils.”

Knowsley Council welcomed CFG’s investment, commenting: “Clean Food Group’s decision to establish their new biotech manufacturing facility here is testament to the strength of our local skills base and the supportive business environment we have built. This acquisition will not only create high-value jobs but also positions our area at the forefront of biotech innovation in the UK.” Cllr Tony Brennan, Cabinet Member for Regeneration and Economic Development.

Notes to Editors:

About Clean Food Group

CFG is a leading UK food tech manufacturer of sustainable oils and fats for the global food, cosmetic and pet food industries. Through its proprietary CLEAN OilCell™ technology platform, CFG delivers functional oils (CLEAN Oil™) and fats (CLEAN Fat™) at price parity to agriculture alternatives, whilst meeting the growing need for local and sustainable production.

Founded in 2022 after eight years of pioneering research, CFG manufactures its oils and fats from food waste, leveraging scalable yeast strains and fermentation technology to deliver sustainable alternatives to traditional oil and fat ingredients. With the manufacturing process now validated at scale, CFG has strategic and industrial collaborations in place with leading global FMCG and ingredients manufacturers and has a strong demand pipeline for its products.

CFG has a vastly experienced management team with a successful track record in scaling businesses in high growth regulated industries. For more information on CFG, please visit cleanfood.group.

Source: Clean Food Group

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
'A.I.' director Steven Spielberg opposed to using AI in front of the camera
'A.I.' director Steven Spielberg opposed to using AI in front of the camera
Jun 27, 2025
* Spielberg open to AI for budgeting, planning tasks * The director's films have yet to use AI technology * 'I don't want AI making creative decisions,' director says By Dawn Chmielewski LOS ANGELES, June 27 (Reuters) - When Steven Spielberg directed the film A.I. Artificial Intelligence, the technology was the stuff of science fiction -- a device to tell...
Tyson Foods Workers at Texas Beef Plant Authorize Strike
Tyson Foods Workers at Texas Beef Plant Authorize Strike
Jun 27, 2025
11:30 AM EDT, 06/27/2025 (MT Newswires) -- Tyson Foods ( TSN ) union workers at a beef processing plant in Amarillo, Texas, voted to authorize a strike for higher wages and improved benefits. This facility is essential to the beef supply chain, Al Brito, Teamsters Local 577 president, said Friday in a statement. The union has filed a number of...
Tesla hires former Cruise executive as AI director, Electrek reports
Tesla hires former Cruise executive as AI director, Electrek reports
Jun 27, 2025
June 27 (Reuters) - Tesla has hired former Cruise executive, Henry Kuang, as the automaker's AI director, according to a report by news website Electrek on Thursday, as the company looks to expand robotaxi operations in the United States. Kuang was the head of autonomy at General Motors' ( GM ) self-driving unit, Cruise, till last year, according to his...
Copyright 2023-2025 - www.financetom.com All Rights Reserved