At the end of the 5-year holding period of some of our investors, we successfully sold NOIX Foods (Tianjin) Co., Ltd. to an Asian biotech group. This marks the end of an extremely exciting but also demanding period.

We built the company during the most difficult years China has seen since 1992. With unprecedented challenges such as the zero-covid, travel restrictions, months of quarantine, lockdowns, disrupted supply chains, economic crisis, etc. As a result, we unfortunately did not achieve all of our ambitious goals from 2019. Nevertheless, we have achieved the official status of a flagship company and standard-setter for vegan products in China, as well as clear market leadership in our categories. Something we are proud of.

With the sale, NOIX AG has fulfilled its purpose.