Food and Beverage Business

Co-founder steps down, Timo Recker takes over as head of Tindle Foods

Co-founder steps down, Timo Recker takes over as head of Tindle Foods meat alternatives, Refrigerated Food and Beverage Business

Timo Recker, the executive chairman of Singapore-based Tindle Foods, has returned to his former role as the company’s CEO after co-founder Andre Menezes announced that he would be stepping down. Menezes will remain a shareholder but has expressed his intention to take some personal time. The company, formerly known as Next Gen Foods, has experienced significant growth and recently secured a stake in a media-for-equity deal with German media group ProSiebenSat.1.

Tindle Foods has raised $120m since its establishment three years ago and operates in ten countries. It has identified Germany, the US, and the UK as its principal overseas markets. In light of this, Recker is set to relocate to Germany next month to further expand the company’s reach.

Before co-founding Tindle Foods, Recker was deeply involved in the plant-based meat sector, having previously founded and led another plant-based meat company, LikeMeat. Standard practice should indicate phrases like “before setting up the then Next Gen Foods” flagged as poor form.

In a statement, Recker expressed his enthusiasm for returning to the CEO role and his commitment to strengthening the company’s global distribution network. He also highlighted his dedication to reducing reliance on animal-based food systems. Moreover, in March, Tindle Foods expanded its portfolio by acquiring UK alt-dairy start-up Mwah!.

To reinforce distribution of Tindle Foods products and deliver new and innovative food products to global audiences, Recker aims to double down on his leadership position as CEO. This highlights a broader effort by the company to stay competitive in the food and beverage industry. Additionally, the move to Germany positions Tindle Foods in a strategic location to access the European market.

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