NetworkNewsBreaks – Eat Well Investment Group In
Post# of 87
Eat Well Investment Group (CSE: EWG) (OTC: EWGFF) last year appointed Marc Aneed as the CEO, with Aneed assuring investors that the company would remain focused on driving shareholder value into 2022 and beyond. “Under his leadership, Eat Well Investment Group has disrupted the multibillion snack food market. In addition, it has fortified its vertically integrated approach to feeding people delicious, more nutritious food at a lower cost. The company also completed strategic acquisitions, most notably, Sapientia. In addition, Eat Well closed a strategic investment from Nurture Health Food LLP. Mr. Aneed notes that this investment will be integral to the company’s international growth while setting the stage for further collaboration,” a recent article reads. As part of the company’s aggressive expansion drive, Eat Well availed its majority-owned portfolio company, Amara Organic Foods, in approximately 200 HEB Grocery Company LP locations across the U.S. within the first quarter of 2022. This additional distribution added to Amara’s strong retail footprint. With the company looking to achieve approximately CA$100 million in revenue in 2022, up from CA$57.9 million posted in 2021, “this target will be achieved by Eat Well’s plan to upgrade and expand its production facilities to meet demand increases through its portfolio company, Belle Pulses.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer