Temasek-backed foodtech firm names new group CEO, buys stake in Israeli peer

Singapore-based Growthwell Foods, a plant-based food firm, has named Manuel Bossi as its new group CEO. He takes over from Justin Chou, who will remain on the company’s board.

Growthwell group CEO Manuel Bossi / Photo credit: Growthwell

Bossi joined the Temasek-backed firm as its deputy CEO in 2021. He used to be a managing director for The Hershey Company and general manager for Ferrero.

“We are on a mission to nourish one billion people with plant-based food, and I believe we already have the best in-class offerings in the market to make that happen, particularly seafood offerings designed for Asian palates,” said Bossi.

Happiee nuggets / Photo credit: Growthwell

Growthwell, which produces plant-based food brand Happiee, said that it has also acquired a majority stake in ChickP. The Israel-based foodtech startup creates chickpea-based protein as a replacement for meat, dairy, and eggs. No financial details on the deal were disclosed.

“Geographical expansion is a key strategic pillar of our growth, and we have our eyes set on various markets in Asia and Europe,” Bossi added.

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