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Odd Burger to acquire plant-based packaged goods company Zoglo's

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May 8, 2023

Canada-based Odd Burger, vegan fast-food restaurants, has signed a letter of intent to acquire Zoglo's, a leader in the plant-based consumer packaged goods industry, according to a press release.

Zoglo's products can be found at major retailers including Walmart Canada, Metro, Food Basics, Sobeys, IGA and FreshCo. The company makes non-GMO plant-based burgers, sausages, hot dogs meatballs, chicken and more.

With the merger, Odd Burger plans to launch some of its own branded products.

"This acquisition provides growth potential for both of our companies," James McInnes, CEO and co-founder of Odd Burger, said in the press release. "The retail distribution that Zoglo's has is nearly unmatched in the plant-based retail space in Canada and I believe that we can leverage this distribution to both monetize our own products and also make Zoglo's products even more successful in their category."

"We are thrilled to announce our intention to join forces with Odd Burger Corporation, a company that shares our passion for plant-based foods and sustainable business practices." Val Jedras, CEO of Zoglo's, said in the press release. "With over 25 years of experience in the Canadian plant-based consumer packaged goods industry, we have built a strong brand and loyal customer base. By combining our resources and expertise with Odd Burger, we believe we can accelerate our growth and expand our reach both domestically and internationally. We are excited about the potential of this partnership and look forward to working closely with the Odd Burger team to bring delicious and nutritious plant-based products to more consumers around the world."