Blue Star Foods Signed 2-Year Bid Award Purchase Agreement with Sysco Corporation
14 November 2023 - 1:15AM
Blue Star Foods Corp., (“Blue Star,” the “Company,” “we,” “our” or
“us”) (NASDAQ:
BSFC), an
integrated Environmental, Social, and Governance (ESG) sustainable
seafood company with a focus on Recirculatory Aquaculture Systems
(RAS), announced a recently signed a 2-year bid award purchase
agreement with Sysco Corporation. The Bid Award Purchase Agreement
is effective starting immediately, and is for purchase of Blue
Star’s award-winning brands, such as Blue Star, Pacifika and Good
Stuff.
John Keeler, CEO of Blue Star Foods, commented,
“Market demand is always shifting its dynamics. We worked with
Sysco’s strategic sourcing team in achieving a flexible-pricing
model adjusting to trends in the fast pacing “center of the
plate” seafood category.”
Keeler, added, “Having worked in the foodservice
industry for the last 28 years, I have never seen such a thoughtful
and data driven approach from our foodservice distributors partners
as Sysco’s strategic sourcing team did. I feel confident that it
will result on an increase of market share in our category in 2024.
We work rigorously to be known as a trusted brand and reliable
partner. I am humble in the trust that a company as well-known as
Sysco has placed in us.”
Sysco Foods is the global world's global
broadline foodservice leader. Sustainability is an integral
part of Sysco Recipe for Growth business strategy and leading in
responsible sourcing practices like seafood.
About Blue Star Foods Corp.
(NASDAQ: BSFC)Blue Star
Foods Corp. an integrated Environmental, Social, and Governance
(ESG) sustainable seafood company with a focus on Recirculatory
Aquaculture Systems (RAS) that processes, packages and sells
high-value seafood products. The Company believes it utilizes
best-in-class technology, in both resource sustainability
management and traceability, and ecological packaging. The Company
also owns and operates the oldest continuously operating
Recirculating Aquaculture System (RAS) full grow-out salmon farm in
North America. The company is based in Miami, Florida, and its
corporate website is: https://bluestarfoods.com
Forward-Looking Statements:The
foregoing material may contain “forward-looking statements” within
the meaning of Section 27A of the Securities Act of 1933 and
Section 21E of the Securities Exchange Act of 1934, each as
amended. Forward-looking statements include all statements that do
not relate solely to historical or current facts, including without
limitation statements regarding the Company’s product development
and business prospects, and can be identified by the use of words
such as “may,” “will,” “expect,” “project,” “estimate,”
“anticipate,” “plan,” “believe,” “potential,” “should,” “continue”
or the negative versions of those words or other comparable words.
Forward-looking statements are not guarantees of future actions or
performance. These forward-looking statements are based on
information currently available to the Company and its current
plans or expectations and are subject to a number of risks and
uncertainties that could significantly affect current plans. Risks
concerning the Company’s business are described in detail in the
Company’s Annual Report on Form 10-K for the year ended December
31, 2022, and other periodic and current reports filed with the
Securities and Exchange Commission. The Company is under no
obligation to, and expressly disclaims any such obligation to,
update or alter its forward-looking statements, whether as a result
of new information, future events or otherwise.
Investor
Contacts:investors@bluestarfoods.com
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