Expands Commercial Development
Resources
VANCOUVER, June 4, 2019 /CNW/ - Organto Foods Inc.
(TSX-V: OGO, OTC: OGOFF) ('Organto"). Organto today
announced the appointment of Ms. Ine Potting to the position of
Business Development Director. Ms. Potting brings over 30 years of
fresh fruits and vegetables experience to Organto with deep
exposure across a variety of functions including sales and
marketing, sourcing and procurement, logistics, supply chain and
administration. In this role, Ms. Potting will report to
Rients van der Wal, President of
Organto Foods Group.
Previously Ms. Potting served as Global Sourcing Director for
Scherpenhuizen B.V, a large-scale fresh fruit and vegetable
supplier based in the Netherlands,
with extensive European procurement and distribution
capabilities. Among her accomplishments, Ms. Potting
established an import/export department for overseas products from
procurement through selling, and in doing so developed an extensive
avocado program. Ms. Potting also previously served as
Managing Director/Export Manager, Europe for Mission Produce Europe B.V. based
in the Netherlands. Mission Produce is one of the largest
suppliers of avocado globally. Ms. Potting was responsible
for all business operations in Europe including buying, selling, logistics
planning, supply chain, operations and administration, and over a
three-year period, increased revenues by approximately 20 million Euro.
"I am really pleased to have Ine join the Organto team."
commented Rients van der Wal,
President of the Organto Foods Group. "Ine brings deep fresh
fruits and vegetable experience to Organto, having experience
throughout the entire value chain from procurement through
selling. This comes at a key point for Organto as we work to
leverage the diverse organic produce supply chains we have worked
hard over the last year to establish including organic asparagus,
organic green beans, organic snow peas and sugar snaps, organic
soft fruits including organic blueberries and blackberries, organic
ginger and others. We are excited that Ine will be able to
accelerate growth of these categories plus play a key role in
expanding our capabilities further."
ON BEHALF OF THE BOARD
Steve Bromley
Chair and
Interim Chief Executive Officer
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this news release.
ABOUT ORGANTO
Organto's business model is rooted in its commitment to
sustainable business practices focused on environmental
responsibility and a commitment to the communities where it
operates, its people and its shareholders. Organto is
comprised of two independent business units, i) the Organto Foods
Group, and ii) the Organto Global Cannabis Group. The Organto Foods
Group is an integrated provider of year-round value-added branded
organic vegetables and seasonal organic and non-GMO fruit and
vegetable products using an asset-light business model to serve a
growing socially responsible and health conscious consumer around
the globe. The Organto Global Cannabis Group is focused on the
growing market for medicinal cannabis around the world, with
initial efforts focussed on key regions of Latin America, utilizing low-cost natural
growing operations and a diverse and exclusive IP seed library to
deliver the medicinal properties consumers expect.
FORWARD LOOKING STATEMENTS
This news release may include certain forward-looking
information and statements, as defined by law including without
limitation Canadian securities laws and the "safe harbor"
provisions of the US Private Securities Litigation Reform Act of
1995 ("forward-looking statements"). In particular, and without
limitation, this news release contains forward-looking statements
respecting Organto's current business model and related expertise;
Organto's belief that Ms. Potting's deep industry experience will
be a valuable addition to Organto; Organto's belief that Ms.
Potting's addition will help accelerate growth in existing
categories and expand into others; management's beliefs,
assumptions and expectations; and general business and economic
conditions. Forward-looking statements are based on a number of
assumptions that may prove to be incorrect, including without
limitation assumptions about the following: the ability and time
frame within which Organto's business model will be implemented;
cost increases; dependence on suppliers, partners and contractual
counter-parties; changes in the business or prospects of Organto;
unforeseen circumstances; risks associated with the organic produce
business generally, including inclement weather, unfavorable
growing conditions, low crop yields, variations in crop quality,
spoilage, import and export laws and similar risks; transportation
costs and risks; general business and economic conditions; and
ongoing relations with distributors, customers, employees,
suppliers, consultants, contractors and partners. and joint
venturers. The foregoing list is not exhaustive and Organto
undertakes no obligation to update any of the foregoing except as
required by law.
SOURCE Organto Foods Inc.
