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Inghams Group Invests Over AU$1 Million in Just Meat Protein

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Inghams Group (ASX:ING) has made a AU$1.1 million seed-stage equity investment in Just Meat Protein (JMP), securing a 10% stake and an exclusive first-right supply arrangement across Australia, according to a Friday statement by the company.

JMP is an Australian food technology company that commercializes Commonwealth Scientific and Industrial Research Organization-developed hydrolyzed poultry protein technology under an exclusive worldwide license and is developing premium powdered chicken protein ingredients for various nutrition markets.

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