NetworkNewsBreaks – Eat Well Investment Group In
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Posted On: 08/08/2022 5:25:23 PM
NetworkNewsBreaks – Eat Well Investment Group Inc. (CSE: EWG) (OTC: EWGFF) (FRA: 6BC0) Announces Advisory Board Appointment, Expansion of Credit Facilities
Eat Well Investment Group (CSE: EWG) (OTC: EWGFF) (FRA: 6BC0), a publicly-traded investment company, today announced its appointment of Dr. Bernhard van Lengerich to its advisory board to assist management with investment insight and general corporate strategy related to the company’s plant-based investment portfolio. Dr. Bernhard van Lengerich holds a PhD in food/biotechnology from the Technical University of Berlin, Germany, and has served in senior leadership positions at some of the largest food and food tech companies in the world, including General Mills, RJR Nabisco, Unilever, Beyond Meat and the Buehler Group. “We are honored to welcome Bernhard to Eat Well Group. His experience and track record in not only major plant-based foods companies, but global consumer products, is unparalleled, and even more importantly, his values align with our mission,” said Marc Aneed, CEO and director of Eat Well Group. “We look forward to working with him to assist management, help advise our portfolio companies, and review potential investments that have the ability to change our world for the better.”
The company also announced that it has increased its available credit facilities with Cortland Credit Lending Corporation for up to an additional $6.5 million, for an aggregate availability of up to $40 million. The company concurrently extended the maturity date of the credit facilities from July 31, 2022, to October 31, 2022. Eat Well Group intends to utilize the additional credit facilities for further growth initiatives and general working capital.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Eat Well Investment Group (CSE: EWG) (OTC: EWGFF) (FRA: 6BC0), a publicly-traded investment company, today announced its appointment of Dr. Bernhard van Lengerich to its advisory board to assist management with investment insight and general corporate strategy related to the company’s plant-based investment portfolio. Dr. Bernhard van Lengerich holds a PhD in food/biotechnology from the Technical University of Berlin, Germany, and has served in senior leadership positions at some of the largest food and food tech companies in the world, including General Mills, RJR Nabisco, Unilever, Beyond Meat and the Buehler Group. “We are honored to welcome Bernhard to Eat Well Group. His experience and track record in not only major plant-based foods companies, but global consumer products, is unparalleled, and even more importantly, his values align with our mission,” said Marc Aneed, CEO and director of Eat Well Group. “We look forward to working with him to assist management, help advise our portfolio companies, and review potential investments that have the ability to change our world for the better.”
The company also announced that it has increased its available credit facilities with Cortland Credit Lending Corporation for up to an additional $6.5 million, for an aggregate availability of up to $40 million. The company concurrently extended the maturity date of the credit facilities from July 31, 2022, to October 31, 2022. Eat Well Group intends to utilize the additional credit facilities for further growth initiatives and general working capital.
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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