TORONTO, - Global Food and Ingredients Ltd. (TSXV: PEAS) (OTCQX: PEASF) ("GFI" or the "Company"), is pleased to announce that its Yofiit and Bentilia brands have successfully completed their initial US market expansion through the onboarding of new customers, achievement of a significant number of commitments from future customers and ongoing discussions with several potential partners across the United States and Canada.
Recent Milestones:
- Bentilia have added more than 160 doors of distribution in the United States since their launch with Kehe in November, including both their Bentilia10 ziti and Bentilia red lentil pasta cuts.
- Yofiit has received commitments in the United States for its innovative chickpea-based milk alternative, including access to ~400 doors at one of the largest and fastest growing specialty retailers of fresh, natural and organic foods in the United States.
- In Canada, Yofiit has received commitments from two of the largest supermarket chains and specialty retailers for its milk products.
- Yofiit's healthy, better-for-you bars and granola and have received an initial commitment that will expand its offerings into the gas & convenience channel.
Both Yofiit and Bentilia have signed on and listed with KeHe Distributors, the largest pure-play distributor of natural and organic specialty, and fresh products in North America, for wholesale distribution of their respective product lines. In addition, GFI's brands work with the largest wholesale distributor of health and specialty foods in North America which further broadens their footprint and access to customers. Collectively these distributors service over 60,000 natural food stores, supermarket chains, independent grocery stores, online retailers, retail pharmacies, convenience stores, foodservice providers and specialty retailers across North America.
GFI is in active discussion with major specialty grocers and regional retailers across the United States and Canada that would additionally open up over 3,000 points of distribution.
"We are thrilled to see the response from our new partners in the United States and Canada following the rebranding of both our Yofiit and Bentilia brands," said David Hanna, CEO. "We have had positive discussions with our target partners and expect rapid expansion of both product lines. Our products use base ingredients that are regenerative to the earth, making them not only a healthier option for consumers, but also a better option for the environment. Our recent commitments speak to the high-quality, unique product portfolio of offerings that GFI bolsters and we are exciting about expanding our footprint with our current and future partners across North America."
Source : Newswire.ca