Plant & Bean has been bought out of administration by entrepreneur Heather Mills, the founder of plant-based meat company Vbites.

Plant & Bean is a UK manufacturer of alternative protein foods based in Boston, Lincolnshire. Since its establishment in 2019, the company has manufactured for brands including Quorn, Princes and Wicked Kitchen.

As reported by The Plant Base in June, Plant & Bean appointed administrators, James Clark and Howard Smith from Interpath Advisory, on 31 May to explore the possibility of a sale of the business. This followed operational issues and inflation across the company’s cost base, Interpath said.

Now, the administrators have confirmed that the company’s 125,000 sq ft Boston manufacturing site and associated equipment have been sold to Mills’ companies, Vegan Solo Consulting Limited and Duo Renovations Ltd.

In a statement published yesterday (Monday 3 July), Interpath Advisory said that there will be a period of renovations following the sale, whereby production facilities will be upgraded, and that Mills is “determined to ensure that any future manufacturing that takes place at the site be plant-based”.

Mills commented: “I am delighted to acquire the P&B facilities and to keep it as a non-meat factory. I am also pleased to try and help the founder of P&B who has worked in a similar vein to myself for many decades to drive positive change for the environment, the animals and for the health of the global population.”

James Clark, managing director at Interpath and a joint administrator of Plant & Bean said: “I am delighted to secure a sale of this great facility to someone committed to investing and improving on the great manufacturing capabilities implemented by Plant & Bean”.

Clark added: “The factory has huge scope to deliver improved economic output for the Boston area and we wish the buyer all the best in their new venture”.

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