Steakholder Foods Announces Signing of Agreement for the Acquisition of Twine Solutions
Steakholder Foods (NASDAQ:STKH), a 3D printing technology company for alternative proteins, has signed an agreement to acquire Twine Solutions, a digital thread and yarn dyeing technology company. The acquisition terms include Twine shareholders receiving approximately 25% of Steakholder's outstanding equity, with potential increase to 35% through milestone warrants.
Prior to the acquisition, Twine's shareholders invested and provided a $1.74 million convertible loan to Steakholder Foods at premium prices. Twine has previously secured $80 million in funding and has installed over 30 systems at leading brands, with current open orders exceeding $1 million. The company's technology revolutionizes the $120 billion textile thread and yarn industry through waterless digital dyeing processes, protected by 10 patents.
Steakholder Foods (NASDAQ:STKH), un'azienda di stampa 3D per proteine alternative, ha firmato un accordo per acquisire Twine Solutions, una società di tecnologia per filamenti digitali e tintura di filati. I termini dell'acquisizione prevedono che gli azionisti di Twine ricevano circa il 25% dell'equity in circolazione di Steakholder, con la possibilità di aumento a 35% tramite warrant legati a milestone.
Prima dell'acquisizione, gli azionisti di Twine hanno investito e fornito a Steakholder Foods un prestito convertibile da 1,74 milioni di dollari a prezzi premium. Twine ha in precedenza assicurato $80 milioni di finanziamenti e ha installato oltre 30 sistemi presso marchi di punta, con ordini ancora aperti che superano $1 milione. La tecnologia dell'azienda rivoluziona l'industria tessile del filato e delle bobine, valutata da 120 miliardi di dollari, attraverso processi di tintura digitale senza acqua, protetti da 10 brevetti.
Steakholder Foods (NASDAQ:STKH), una empresa de impresión 3D para proteínas alternativas, ha firmado un acuerdo para adquirir Twine Solutions, una empresa de tecnología de hilos y tintura digital. Los términos de la adquisición contemplan que los accionistas de Twine reciban aproximadamente el 25% del capital social en circulación de Steakholder, con un posible aumento a 35% mediante warrants por hitos.
Antes de la adquisición, los accionistas de Twine invirtieron y proporcionaron a Steakholder Foods un préstamo convertible de 1,74 millones de dólares a precios premium. Twine ha obtenido previamente $80 millones en financiación y ha instalado más de 30 sistemas en marcas líderes, con pedidos pendientes que superan $1 millón. La tecnología de la empresa revoluciona la industria textil de hilos y hilados, valorada en $120 mil millones, mediante procesos de tintura digital sin agua, protegidos por 10 patentes.
Steakholder Foods (NASDAQ:STKH), 대체 단백질용 3D 프린팅 기술 기업은 Twine Solutions를 인수하기로 하는 계약에 서명했다. 인수 조건은 Twine 주주들이 Steakholder의 미발행 지분의 약 25%를 받는 것이며, 마일스톤 워런트를 통해 35%까지 증가할 수 있다.
인수 이전에 Twine의 주주들은 Steakholder Foods에 프리미엄 가격으로 174만 달러의 전환가능 대출을 투자했다. Twine은 이전에 $80 million의 자금을 확보했고, 주요 브랜드에 30대 이상 시스템을 설치했으며 현재 $1 million를 초과하는 미해결 주문이 있다. 회사의 기술은 물 없는 디지털 염색 공정을 통해 $1200억 달러 규모의 섬유 실과 원사 산업을 혁신하며, 10개의 특허로 보호된다.
Steakholder Foods (NASDAQ:STKH), une société de fabrication par impression 3D pour protéines alternatives, a signé un accord pour acquérir Twine Solutions, une société de technologie de fil et de teinture numérique. Les termes de l'acquisition prévoient que les actionnaires de Twine reçoivent environ 25% de l'équité en circulation de Steakholder, avec une possible augmentation à 35% grâce à des warrants basés sur des jalons.
Avant l'acquisition, les actionnaires de Twine ont investi et ont fourni à Steakholder Foods un prêt convertible de 1,74 million de dollars à des prix premium. Twine avait déjà obtenu $80 millions de financement et a installé plus de 30 systèmes chez des marques de premier plan, avec des commandes en cours dépassant $1 million. La technologie de l'entreprise révolutionne l'industrie textile des fils et des bobines, évaluée à $120 milliards, grâce à des procédés de teinture numérique sans eau, protégés par 10 brevets.
Steakholder Foods (NASDAQ:STKH), ein Unternehmen für 3D-Drucktechnologie für alternative Proteine, hat eine Vereinbarung zum Erwerb von Twine Solutions unterzeichnet, einem Unternehmen für digitale Faden- und Garnfärbetechnologie. Die Erwerbsbedingungen sehen vor, dass Twine-Aktionäre ca. 25% des ausstehenden Eigenkapitals von Steakholder erhalten, mit der Möglichkeit auf 35% durch Meilenstein-Warrants.
Vor der Übernahme investierten die Twine-Aktionäre und stellten Steakholder Foods ein wandelbares Darlehen über 1,74 Mio. USD zu Premiumpreisen zur Verfügung. Twine hat zuvor 80 Mio. USD an Finanzierung gesichert und mehr als 30 Systeme bei führenden Marken installiert, während offene Aufträge derzeit über 1 Mio. USD betragen. Die Technologie des Unternehmens revolutioniert die 1200-Milliarden-Dollar-Textilfaden- und Garnindustrie durch wasserlose digitale Färbeprozesse und ist durch 10 Patente geschützt.
Steakholder Foods (NASDAQ:STKH)، شركة تكنولوجيا الطباعة ثلاثية الأبعاد للبروتينات البديلة، وقعت اتفاقية للاستحواذ على Twine Solutions، وهي شركة تكنولوجيا الخيوط الرقمي وتلوينها. تنص شروط الاستحواذ على أن يحصل مساهمو Twine على ما يقرب من 25% من حقوق الملكية المصدرة لـ Steakholder، مع احتمال الزيادة إلى 35% من خلال ضمانات عند بلوغ معلم.
قبل الاستحواذ، استثمر مساهمو Twine وقدموا لـ Steakholder Foods قرضاً قابلاً للتحويل بقيمة 1.74 مليون دولار بأسعار تفضيلية. سابقاً حصلت Twine على $80 مليون من التمويل وجزّبت أكثر من 30 نظاماً لدى علامات تجارية رائدة، وأوامر حالية مفتوحة تتجاوز $1 مليون. تكنولوجيا الشركة تحدث ثورة في صناعة الخيوط والغزل النسيجي التي تقدر بـ1200 مليار دولار من خلال عمليات الصباغة الرقمية بدون ماء، وهي محمية بـ10 براءات اختراع.
Steakholder Foods (NASDAQ:STKH)，一家用于替代蛋白质的3D打印技术公司，已签署收购Twine Solutions的协议，Twine是一家数字线材与纱线染色技术公司。收购条款包括Twine股东将获得 约占Steakholder已发行股本的25%，通过里程碑式认股权证有可能增至 35%。
在收购前，Twine的股东向Steakholder Foods投资并提供了一个 174万美元的可转换贷款，价格为溢价水平。Twine此前已获得 $80百万资金，并在领先品牌安装了 超过30套系统，当前未完成的订单超过 $1百万。公司的技术通过无水数字染色工艺，革新了价值约$1200亿美元的纺织线材与纱线行业，并受< b>10项专利保护。
- Strategic expansion into digital textile dyeing technology with potential for multiple revenue streams
- Twine has proven commercial traction with 30+ system installations and $1M+ in open orders
- Strong backing from notable investors and $80M previous funding secured by Twine
- Acquisition includes valuable intellectual property with 10 granted and pending patents
- Waterless dyeing process offers sustainable competitive advantage in $120B market
- Significant dilution for existing Steakholder shareholders with 25-35% stake transfer
- Acquisition represents departure from core food-tech business focus
- Transaction subject to shareholder approval and closing conditions
- Integration risks between two different technology platforms
Insights
Steakholder Foods' acquisition of Twine Solutions marks strategic diversification beyond foodtech into digital textile dyeing, with significant ownership structure changes.
Steakholder Foods is significantly pivoting its business model through this acquisition of Twine Solutions, a digital thread dyeing technology company. The deal structure reveals interesting dynamics - Steakholder shareholders will retain majority control while Twine shareholders receive a minority stake of approximately 25%, potentially increasing to 35% upon reaching milestones.
What's particularly notable is how this transaction was preceded by Twine shareholders investing
Twine brings substantial technological assets to the table - 30+ installed systems at brands and textile companies,
This acquisition represents a strategic diversification for Steakholder beyond foodtech into the
Existing Steakholder Shareholders to Retain Majority Stake; Twine Shareholders Previously Invested in Steakholder and Provided Convertible Loan, Both at a Substantial Premium
Strategic Acquisition To Position the Combined Company As A Digital Printing Pioneering Force Geared Towards Global Trends Of Smart Manufacturing and Supply Chain Optimization
Since its foundation, Twine has installed more than 30 systems at leading brands, dye houses and textile fulfillers and is working to fill more than
Rehovot, Israel, Sept. 22, 2025 (GLOBE NEWSWIRE) -- Steakholder Foods Ltd. (Nasdaq: STKH), a leading innovator in 3D printing technologies for alternative proteins, today announced that it has signed an agreement to acquire Twine Solutions Ltd., a transformative force in the digital dyeing of thread and yarn, to add Twine’s technological abilities to its existing digital printing abilities in the foodtech industry. According to the acquisition agreement, upon closing, Twine’s shareholders will receive a minority stake in Steakholder Foods in return for all outstanding shares of Twine on a fully-diluted basis. This stake will include approximately
The proposed acquisition of Twine by Steakholder would create a global digital technology powerhouse with the capability to revolutionize multiple traditional industries including Steakholder’s existing food industry, as well as creating a new paradigm in the fashion and textile through advanced manufacturing and supply chain solutions provided by Twine.
The acquisition is designed to combine two transformative platforms: Steakholder’s pioneering 3D food printing technology and Twine’s revolutionary digital dyeing systems. Twine’s impressive technological achievements include developing the world’s first digital thread and yarn dyeing system that uses a waterless process, protected by 10 granted and pending patents. Twine's innovative solution empowers businesses to bring their thread dyeing processes in-house, dramatically reducing time to market while enabling unprecedented customization for sewing, knitting, and embroidery applications. Together, the companies intend to explore commercial applications across a range of industries, with an eye on speed, personalization, sustainability, and scale. Ahead of the proposed purchase, Twine’s shareholders invested in and provided a convertible loan in an aggregate amount of
Twine’s primary shareholder is Gefen Capital, a U.S.-Israeli investment fund that targets high-potential Israeli startups with disruptive technologies, with a strong “A-Team” of U.S. investors. Partners include David Wiessman and Sheldon “Shelly” Stein. Mr. Wiessman, is an entrepreneur and philanthropist who owns numerous businesses in Israel and the U.S., including Sonol, one of the leading oil companies and convenience store operators in Israel. Mr. Wiessman was previously the President & CEO of Alon USA Energy, a retail and oil conglomerate that under his leadership merged with Delek US to form a
Mr. Stein is the CEO of Glazers Beer & Beverage, one of the largest beer distributors in the U.S., the former President of Southern Glazer’s Wine and Spirits, the largest distributor of wines and spirits in the U.S., and previously a Vice Chairman and head of Southwest Investment Banking for Bank of America Merrill Lynch. Before that, Mr. Stein ran Bear Stearns’ Southwest Investment Banking Group and was a member of Bear Stearns’ President Advisory Council.
Twine is revolutionizing the
The acquisition remains subject to approval by Steakholder shareholders at a general meeting and customary closing conditions.
Arik Kaufman, Chief Executive Officer of Steakholder Foods, commented, “This transaction strategically broadens Steakholder Foods’ activity base and diversifies our income streams. By leveraging both 3D food printing and Twine’s revolutionary dyeing technology, we are positioning the company to capture growth in multiple industries, strengthening our commercial potential and creating sustainable long-term value for our shareholders.”
Shelly Stein, a Partner at Gefen Capital, which is a controlling shareholder of Twine, added, “I’m excited about the shared potential of our two companies. The world is undergoing rapid changes that are reshaping how industries operate across borders and continents. Those prepared with solutions that meet these evolving needs, as we are, will be well-positioned for significant growth.”
Allon Maoz, Chief Executive Officer of Twine, commented, “The closing of the transaction allows us to scale production to meet demand - starting with more than
About Steakholder Foods
Steakholder Foods is at the forefront of transforming the alternative protein industries through its advanced technology. Founded in 2019, Steakholder Foods specializes in developing and selling 3D-printing production machines, supported by proprietary premix blends, formulated from the highest-quality raw ingredients. These innovative tools are designed to help manufacturers of all sizes efficiently produce foods that meet and exceed consumer expectations for taste, texture, and appearance and offer a safe and sustainable alternative to industrialized meat and seafood production.
Steakholder Foods’ expertise in creating alternative proteins products that replicate the complex textures of traditional meats such as beef steaks, white fish, shrimp, and eel. The company is also exploring the integration of cultivated cells, preparing for future advancements in food technology.
About Twine Solutions
Founded in 2015, Twine is disrupting the textile industry with its proprietary waterless thread and yarn dyeing technology. By eliminating the need for traditional dye baths and cumbersome supply chain, Twine’s systems enable on-demand, sustainable color application directly at the point of production— accelerating time-to-market, saving water and reducing waste. Serving leading fashion, apparel, accessories and home décor brands, Twine empowers manufacturers to meet both operational and environmental goals without compromising on color quality or performance. With cutting-edge solutions like the Twine X series, Twine is paving the way for a smarter and more efficient future in textile production.
Forward-Looking Statements
This press release contains forward-looking statements concerning Steakholder Foods’ and Twine’s businesses, operations and financial performance and condition as well as plans, objectives, and expectations for Steakholder Foods’ and Twine’s business operations and financial performance and condition and the plans, objectives, and expectations of the business operations and financial performance and condition of the combined entity. In addition, forward-looking statements in this press release include the completion of final due diligence, the execution of definitive agreements, approval by Steakholder shareholders at a general meeting and the satisfaction of customary closing conditions. Any statements that are not historical facts may be deemed to be forward-looking statements. Forward-looking statements reflect Steakholder Foods’ current views with respect to future events and are based on assumptions and subject to known and unknown risks and uncertainties, which change overtime, and other factors that may cause Steakholder Foods’ actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate or imply future results, performance or achievements, and are typically identified with words such as “may,” “could,” “should,” “will,” “would,” “believe,” “anticipate,” “estimate,” “expect,” “aim,” “intend,” “plan” or words or phases of similar meaning and include, without limitation, Steakholder Foods’ expectations regarding the success of the technologies which it is developing, which may require significant additional work before Steakholder Foods can potentially launch commercial sales; Steakholder Foods’ research and development activities associated with printing technologies, including three-dimensional food printing, which involves a lengthy and complex process; Steakholder Foods’ ability to obtain and enforce its intellectual property rights and to operate its business without infringing, misappropriating, or otherwise violating the intellectual property rights and proprietary technology of third parties; and other risks and uncertainties, including those identified in Steakholder Foods’ Annual Report on Form 20-F for the fiscal year ended December 31, 2024, filed with the Securities and Exchange Commission on March 31, 2025. New risks and uncertainties may emerge from time to time, and it is not possible for Steakholder Foods to predict their occurrence or how they will affect Steakholder Foods. If one or more of the factors affecting Steakholder Foods’ forward-looking information and statements proves incorrect, then Steakholder Foods’ actual results, performance or achievements could differ materially from those expressed in, or implied by, forward-looking information and statements contained in this press release. Therefore, Steakholder Foods cautions you not to place undue reliance on its forward-looking information and statements. Steakholder Foods disclaims any duty to revise or update the forward-looking statements, whether written or oral, to reflect actual results or changes in the factors affecting the forward-looking statements, except as specifically required by law.
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FAQ
What are the terms of Steakholder Foods' acquisition of Twine Solutions?
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How will the acquisition affect Steakholder Foods' business strategy?
