Eat Beyond Adds Zoglo’s Incredible Food to Its Portfolio
(firmenpresse) - Zoglos Incredible Food has been a leader in the plant-based food industry for over 25 years, serving the North American, European and Australian Markets
Vancouver, B.C. - February 16, 2021 - Eat Beyond Global Holdings Inc. (CSE: EATS) (OTCPK: EATBF) (FSE: 988) (Eat Beyond or the Company), an investment issuer focused on the global plant-based and alternative food sector, is announcing that it has completed an investment in Zoglos Incredible Food Corp. (Zoglos), by joining its recent seed round. Zoglos has plans to become publicly traded via reverse take over in the coming months. At the present time, Eat Beyond anticipates further increasing its interest in Zoglo''s by participating in its next financing - the "go public" round.
Zoglos has been a leading company offering kosher, plant-based products for over 25 years and is now ready to enter the mainstream market. It has a product selection of over 14 plant-based protein offerings including plant-based meat, appetizers and veggie products made with concentrated, non-gmo, plant-based proteins that are rich in vitamins c and a, iron, calcium, potassium and folic acid. Its products are high in fiber, omega 3 fatty acids, and antioxidants.
We are excited to work with Zoglos and support its expansion plans. Zoglos has a deep understanding of its customers demand for quality, nutrition and taste, said Patrick Morris, CEO of Eat Beyond. The opportunity is massive for a brand with its impressive track record, and we anticipate that its planned launch in the foodservice business has tremendous potential for success.
Zoglos products are currently available in leading retailers including Walmart, Shoppers Drug Mart, Sobeys and Loblaws, earning Zoglos a place amongst other leading plant-based brands such as Beyond Meat, Impossible Foods and The Very Good Butchers.
The foodservice industry also has growing demand for protein-rich veggie burgers, nuggets and meatless sausage products such as those that Zoglos offers. Quick service restaurants are the biggest market for the pre-made veggie burgers in the United States and Canada and Zoglos has plans to expand into this segment.
"We are very pleased to welcome Eat Beyond as an early shareholder of Zoglos. They have a very well respected, highly knowledgeable management team and we look forward to working with them as we continue to grow Zoglo''s to become a dominant player in our industry. We also look forward to maximizing the value of their and all of our stakeholders'' investment in Zoglo''s," commented Anthony Morello, CEO of Zoglos.
About Eat Beyond Global Holdings
Eat Beyond Global Holdings Inc. (Eat Beyond) (CSE: EATS) (OTCPK: EATBF) (FSE: 988) is an investment issuer that makes it easy to invest in the future of food. . Eat Beyond identifies and makes equity investments in global companies that are developing and commercializing innovative food tech as well as plant-based and alternative food products. Led by a team of food industry experts, Eat Beyond is the first issuer of its kind in Canada and aims to provide retail investors with the unique opportunity to participate in the growth of a broad cross-section of opportunities in the alternative food sector, and access companies that are leading the charge toward a smarter, more secure food supply. Learn more: https://eatbeyondglobal.com/
Find Eat Beyond on Social Media on LinkedIn, Instagram, Twitter and Facebook
For media inquiries, please contact: Brittany(at)Exvera.com
For investment inquiries, please contact: Info(at)Eatbeyondglobal.com
For further information, please contact Patrick Morris at Info(at)Eatbeyondglobal.com or (236) 521-6499
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Datum: 16.02.2021 - 09:04 Uhr
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