Vegan Food Group Ceo Dave Sparrow Confirms Resignation

Credit: Clive’s Purely Plants / Facebook

Dave Sparrow, nan CEO of plant-based nutrient business The Vegan Food Group successful nan UK, has stepped down.

Sparrow took connected nan domiciled astatine Vegan Food Group (VFG) successful January 2024, according to his LinkedIn page, switching from nan CEO position astatine VFC Foods, nan business’ forerunner earlier a alteration successful firm identity.

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to scope engaged professionals crossed 36 starring media platforms.

Find retired much

Veganuary laminitis Matthew Glover group up VFC Foods successful 2020 pinch his co-founder Adam Lyons. However, filings pinch Companies House successful London show Lyons has precocious resigned, joining Sparrow and a number of different executives.

While VFG has not responded to Just Food’s petition to corroborate nan departure of Sparrow, nan ex-CEO acknowledged successful a little connection he had near nan business.

“I’ve been pinch nan organisation beautiful overmuch from inception and proud of what we person achieved, though it was clip for a caller situation and immoderate clip to recharge,” Sparrow responded to Just Food’s request for comment.

“I will of people beryllium supporting and watching connected fondly of wherever nan group goes next, while focusing connected my adjacent CEO role.”

A filing pinch Companies House made connected 16 September, provided a day of 12 September for Sparrow’s resignation.

Sparrow clarified that Lyons “stood down immoderate clip ago”, pinch Companies House putting his resignation day arsenic a head astatine April 2024.

Meanwhile, Eden Phillip and Daniel Hardesty, some listed arsenic caput connected nan UK registrar of companies, resigned connected 20 August and 10 January, respectively.

Under Sparrow’s leadership, VFG completed a number of acquisitions successful nan plant-based nutrient class erstwhile nan business was still trading arsenic VFC Foods.

The Meatless Farm Co. successful nan UK was first erstwhile VFC bought nan brands of nan company erstwhile it went into administration. The woody was sealed successful mid-2023.

At nan time, nan North Yorkshire-based institution said nan transaction for nan marque and inventories was “worth £12m successful sales”, aliases $16.2m coming (23 September).

Meatless Farm, group up successful 2016 by Danish nationalist Morten Toft Bech successful nan bluish English metropolis of Leeds, booked a nett nonaccomplishment of £23.5m for nan twelvemonth to 31 December 2021. The institution had been supplying nan likes of Tesco, Sainsbury, Asda and Morrisons.

On nan heels of Meatless Farm, what was to go VFG successful October 2023 snapped up Clive’s Purely Plants on pinch a mill successful Dartmouth successful nan region of Devon.

Clive’s Purely Plants manufactured a scope of vegan pies, quiches, tarts and sausage rolls.

Investor Veg Capital, of which Glover is besides a co-founder and managing director, had acquired a mostly liking successful Clive’s Purely Plants successful 2021.

Under its caller designation, VFG past acquired Germany’s Tofutown successful 2024.

When that deal was struck successful February past year, VFG said Tofutown was generating gross of €60m ($70.7m today). The UK business added that nan woody “positions nan mixed entity for profitability successful 2024, pinch a clear statement of show for scaling group revenues beyond €100m”.

Tofutown, based successful Wiesbaum successful occidental Germany, manufactured products including tofu, spreads and stiff foods supplied to German retailers specified arsenic Aldi, Lidl and Edeka.