Yofiit and Bentilia have completed their
initial launch in the United
States and Canada
successfully securing a number of new customers, initial purchases
and listing commitments
TORONTO, Jan. 18,
2023 /CNW/ - 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."
About GFI
GFI is a fast-growing Canadian plant-based food and ingredients
company, connecting the local farm to the global supply chain for
peas, beans, lentils, chickpeas and other high protein specialty
crops. GFI is organized into four primary business lines: Pea
Protein Inputs, Plant-Based Ingredients, Plant-Based Pet Food
Ingredients and Plant-Based Consumer Packaged Goods. Headquartered
in Toronto, GFI buys directly from
its extensive network of farmers, processes its products locally at
its four wholly-owned processing facilities in Western Canada and ships to 37 countries
across the world.
GFI's vision is to become a vertically integrated farm-to-fork
plant-based company providing traceable, locally sourced, healthy
and sustainable food and ingredients. Through recent
acquisition and development activities, GFI now offers a full suite
of Plant-Based Consumer Packaged goods with over 20 SKUs under the
Yofiit, Bentilia and Five Peas in Love brands.
W: www.gfiglobalfood.com
S: https://linktr.ee/gfi.globalfood
SOURCE Global Food and Ingredients