On January 28, 2021, Golden Opportunities Fund Inc. (Golden)—a Saskatchewan-based investment fund—announced a new investment into Three Farmers Foods Inc. (Three Farmers). The investment, led by Golden and partnered with Export Development Canada, will fund Three Farmers’ Growth Plan.
“Golden is pleased to lead this next round of growth funding for this local company in our innovation sector—a key and flourishing sector in our province that the Fund continues to champion. Our investment will further support the ongoing growth of Three Farmers, as the company continues to grow its product lines, markets, customers and distribution channels all from right here at home,” says Grant Kook, President and CEO of Golden Opportunities Fund Inc.
Three Farmers Foods got its start more than 10 years ago, producing roasted snack products made from locally sourced chickpeas, peas, and lentils. Three Farmers’ packaged consumer goods are found across North America in more than 4,000 retailers and on Amazon. The company also produces Three Farmers Camelina Oil.
Three Farmers allows consumers to trace their food through a product code that shows how the company’s products are grown and made. Founded by three Saskatchewan farmers and sisters Natasha Vandenhurk (CEO and director) and Elysia Vandenhurk (chief revenue officer and Red Seal chef), Three Farmers is privately held and based in Saskatoon.
“The success of Three Farmers to date is driven by where we are rooted—our Company’s strength is its local supply chain, from the purchase of raw products to the roasting, it’s all done locally. This reflects our core values of sustainability, traceability, innovation, promoting the land we farm on, and connecting farmers to consumers,” says Natasha Vandenhurk. “We are excited to work with Golden Opportunities—a local investment fund, which further supports our roots, that has a deep understanding of value-added agriculture as we continue to drive innovation in our Province and grow the Three Farmers brand and products for generations to come.”
Industry West tracks investments made in Saskatchewan companies. Have an investment to announce? Reach out to info@iwmediagroup.com.
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