NetworkNewsBreaks — Save Foods Inc. (NASDAQ: SVF
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Posted On: 12/21/2021 3:22:37 PM
NetworkNewsBreaks — Save Foods Inc. (NASDAQ: SVFD) Initiates Expansion into Mexico
Save Foods (NASDAQ: SVFD), an Israeli-based developer of eco-friendly solutions specifically designed to ensure food safety and extend shelf life of fruit and vegetables, has begun a commercial program to introduce new products in Mexico. The company is working with Agrinet S.A., an agritech consultancy firm. Save Foods identified Mexico as an ideal expansion location because the country is a world leader in the production and exportation of fruits and vegetables. To begin with, SVFD’s program will include three packing house companies in Mexico that export to the United States and other global destinations. Save Foods will focus on offering products designed to prevent citrus, avocado, bell peppers and tomato waste and loss. “As food concern continues to grow globally, demand for Save Foods’ effective food safety solutions is at a real tipping point,” said Save Foods CEO Dan Sztybel in the press release. “The success of our ongoing commercial programs around the world, especially in Mexico where we already sell to Sicar Farms, which recently converted four packing facilities responsible for the production of 40,000 ha of limes to use Save Foods’ products, led us to the decision to quickly expand our presence in Mexico. Mexican agriculture is thriving, and the growing export market is helping drive the economy. Packing houses are eager to implement our products because they are highly cost-effective. The plug and play nature of integration means no upfront or extra expenses, while ensuring food safety, increasing shelf life and reducing waste, which ultimately positively affects their bottom line.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Save Foods (NASDAQ: SVFD), an Israeli-based developer of eco-friendly solutions specifically designed to ensure food safety and extend shelf life of fruit and vegetables, has begun a commercial program to introduce new products in Mexico. The company is working with Agrinet S.A., an agritech consultancy firm. Save Foods identified Mexico as an ideal expansion location because the country is a world leader in the production and exportation of fruits and vegetables. To begin with, SVFD’s program will include three packing house companies in Mexico that export to the United States and other global destinations. Save Foods will focus on offering products designed to prevent citrus, avocado, bell peppers and tomato waste and loss. “As food concern continues to grow globally, demand for Save Foods’ effective food safety solutions is at a real tipping point,” said Save Foods CEO Dan Sztybel in the press release. “The success of our ongoing commercial programs around the world, especially in Mexico where we already sell to Sicar Farms, which recently converted four packing facilities responsible for the production of 40,000 ha of limes to use Save Foods’ products, led us to the decision to quickly expand our presence in Mexico. Mexican agriculture is thriving, and the growing export market is helping drive the economy. Packing houses are eager to implement our products because they are highly cost-effective. The plug and play nature of integration means no upfront or extra expenses, while ensuring food safety, increasing shelf life and reducing waste, which ultimately positively affects their bottom line.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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