{"id":265091,"date":"2026-04-24T23:36:11","date_gmt":"2026-04-24T23:36:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-tx\/265091\/"},"modified":"2026-04-24T23:36:11","modified_gmt":"2026-04-24T23:36:11","slug":"dallas-great-american-food-chain-completes-merger-with-phoenixs-greenmatter-biotech-dallas-innovates","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-tx\/265091\/","title":{"rendered":"Dallas’ Great American Food Chain Completes Merger With Phoenix’s GreenMatter Biotech \u00bb Dallas Innovates"},"content":{"rendered":"

Dallas-based restaurant holding company Great American Food Chain has completed its merger with GreenMatter Biotech, which commercializes plant-based, biodegradable alternatives to traditional plastics, to bring existing R&D, distribution, and retail partnerships in the regenerative materials space.<\/p>\n

\u201cGreenMatter goes into this next chapter with real momentum\u201d, Joe H. Wicker Jr., CEO of Phoenix-based GreenMatter, said in a statement.<\/p>\n

\u201cWe closed 2025 with $2.5 million in revenue and the market is moving in our direction,\u201d the CEO added. \u201cThe demand for biodegradable materials is not a future conversation. It\u2019s happening now, and we\u2019ve built the product platform and the partnerships to meet it at scale. Our goal is to become a leader in the plant-based biodegradable industry. The public markets give us the visibility and the capital access to accelerate what we\u2019ve already put in motion.\u201d<\/p>\n

Wicker will assume the roles of CEO and chairman<\/p>\n

Edward Sigmond\u2014who served as chairman, president, and CEO of Great American Food Chain since its founding in 2003\u2014is stepping down with the merger, as his leadership paved the way for the transition. Wicker is assuming the roles of CEO and chairman of the board of directors of the combined company and will lead GreenMatter Biotech\u2019s next phase of growth across product development, distribution, and strategic partnerships, the company said.<\/p>\n

Under Wicker\u2019s leadership, GreenMatter Biotech had a profitable first year and $2.5 million in revenue in 2025 and now moves into more public markets with the merger, the company said. With an active pipeline, expanding distributor relationships, and growing demand for biodegradable materials, the combined company is ready for continued expansion into the second half of 2026 and beyond, Green Matter added.\u00a0<\/p>\n

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Sprinkled all around NorthPark, the 29th annual CANstruction Dallas design-and-build exhibit features 26 science-fiction-themed canned-food sculptures. The public decides on the winners by voting for their favorite and kicking in $5 for the North Texas Food Bank.<\/p>\n

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