Business
Meatable acquires Meat Technology platform
Agronomics Limited announced that its portfolio company, Meatable B.V., acquired Uncommon Bio Limited's cultivated meat platform. This acquisition includes key technology, intellectual property, cell lines, and staff. Agronomics has invested £7.9 million in Meatable, currently valued at £11.7 million, representing approximately 8.10% of Agronomics' Net Asset Value as of June 30, 2025. The acquisition enhances Meatable's position in the cultivated meat market, improving operational capacity and technological capabilities for commercial-scale production. Disclaimer*
About this update from Agronomics Limited
[{"type":"text","content":"\n\n22 August 2025\n Agronomics Limited\n(\"Agronomics\" or the \"Company\")\nMeatable Strengthens Position in Cultivated Meat Market with Acquisition of Uncommon Bio's Cultivated Meat Technology Platform\nAgronomics (LSE: ANIC), a leading listed company in the field of clean food, is pleased to announce that its portfolio company, Meatable B.V. (\"Meatable\") has announced the acquisition of Uncommon Bio Limited's (\"Uncommon\") cultivated meat platform. This includes key technology, several intellectual property assets and high performing cell lines, and expert staff. This acquisition advances Meatable's competitive positioning within the sector, providing enhanced operational capacity and expanded technological capabilities for commercial-scale cultivated protein production. \nJim Mellon, Executive Chair of Agronomics, commented: \"With this acquisition, Meatable is reinforcing its position as a global leader in cultivated meat, proving what is possible when the world's sharpest minds address one of our greatest challenges: feeding a growing planet amid rising meat demand and shrinking supply.\nBy combining Uncommon's platform with its own, Meatable will have an enviable offering for prospective customers, offering greater choice and scalability, and answering the global call for a protein supply chain which can help moderate price volatility, and boost food security.\"\nTo date, Agronomics has invested a total of £7.9 million in Meatable which, subject to audit, is currently carried at £11.7 million. This position represents c.8.10% of Agronomics' last stated Net Asset Value as at 30 June 2025.\nThe full announcement is set out below without any material changes:\nMeatable Cements Global Leadership in Sustainable Meat with Acquisition of Uncommon Bio's Cultivated Meat Platform\nLeiden, August 21, 2025 - Meatable, a global leader in cultivated meat technology, today announced the transformative acquisition of Uncommon Bio's cultivated meat platform, including key technology, several intellectual property assets and high performing cell lines, and expert staff. This acquisition propels Meatable into an unmatched position in the field, offering the most comprehensive, agile, and market-ready cultivated meat capabilities in the industry.\nWith the integration of Uncommon Bio's cutting-edge non-GMO mRNA repr...