SunOpta Enters Nutritional Beverage Category via Partnership with BellRing Brands
11 Julho 2023 - 8:30AM
Business Wire
BellRing’s Premier Protein Shakes Now
Manufactured in SunOpta’s New Texas Facility, Driving Growth for
Both Companies
SunOpta (Nasdaq: STKL), a U.S.-based global pioneer fueling the
future of sustainable, plant-based and fruit-based foods and
beverages is proud to announce a partnership with BellRing Brands
(NYSE: BRBR), the owner of Premier Protein®, the leading brand of
ready-to-drink (“RTD”) protein shakes, helping to establish
SunOpta’s footprint in nutritional beverages. SunOpta now
manufactures a variety of RTD shakes to meet the increasing demand
for high protein beverages while supporting SunOpta’s
sustainability efforts.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20230711399029/en/
SunOpta, a U.S.-based global pioneer
fueling the future of sustainable, plant-based and fruit-based
foods and beverages announces a partnership with BellRing Brands,
the owner of Premier Protein®, the leading brand of ready-to-drink
protein shakes, helping to establish SunOpta’s footprint in
nutritional beverages. (Photo: Business Wire)
In May 2023, SunOpta began manufacturing Premier Protein’s RTD
11 fluid ounce (330mL) protein shakes, a new capability for
SunOpta. The entrance into the nutritional beverage category fits
seamlessly within SunOpta’s vast manufacturing strengths and core
competencies and will address the increasing demand for these
products in the marketplace.
“For decades, SunOpta has been honing its expertise in
nutritionally dense products to meet the needs of consumers,
including those who prioritize a high-protein diet as part of a
healthy lifestyle,” said Joe Ennen, CEO of SunOpta. “As such, we
see an incredible opportunity for expansion into the ready-to-drink
protein category, a $5 billion retail market with a long runway for
growth. BellRing Brands is passionate about healthy living, and as
the market leader in this category, they are a perfect partner for
us.”
Premier Protein’s nutritional beverages are manufactured at
SunOpta’s new Midlothian, Texas facility, where SunOpta’s entire
suite of teas, broths and plant-based milk and creamers will also
be produced. The addition of manufacturing Premier Protein’s
products in the 330 mL size marks a new capability for SunOpta.
Premier Protein RTD shakes, including those produced at
SunOpta’s Midlothian plant, are packed in cartons that contain
plant-based plastic. This generates less greenhouse gas emissions
than if made entirely with petroleum-based plastic. Producing RTD
shakes in Texas creates a stronger network of suppliers spread
across Premier Protein’s distribution network.
The Midlothian plant was designed with SunOpta’s sustainability
objectives in mind and enabled to support customer sustainability
goals. With plants in California, Minnesota, Pennsylvania and now
Texas, SunOpta’s aseptic facilities create a competitively
advantaged, ‘diamond-shaped’ national distribution network, helping
to reduce more than 15 million freight miles annually and saving 59
million pounds of carbon emissions. In addition, the facility is
equipped with an on-site water treatment facility, which can save
up to approximately 20 million gallons of water per year. The plant
is also run by an energy-efficient HVAC system that reduces energy
consumption by 45%, LED lights and water heaters that reduce power
usage by 95% and offices and labs constructed with at least 40%
recyclable materials. The 285,000 square foot production facility
has the capacity to expand to 400,000 square feet to increase
production volumes, giving both companies room for future business
growth.
“As a fast-growing company, we know that building strong
relationships with like-minded suppliers is key to achieving both
our business and sustainability objectives. Our Premier Protein
shakes have been an incredible growth engine for BellRing and we’re
excited to expand our production to SunOpta to help support this
continued growth trajectory while incorporating strong
sustainability practices into our manufacturing network,” said
Darcy H. Davenport, President and CEO of BellRing.
About SunOpta, Inc.
SunOpta (Nasdaq: STKL) (TSX: SOY) is a U.S.-based, global
pioneer fueling the future of sustainable, plant-based and
fruit-based food and beverages. Founded nearly 50 years ago,
SunOpta manufactures natural, organic and specialty products sold
through retail and foodservice channels. SunOpta operates as a
manufacturer for leading natural and private label brands, and also
proudly produces its own brands, including SOWN®, Dream®, West
Life™ and Sunrise Growers®. For more information, visit
www.sunopta.com and LinkedIn.
About BellRing Brands,
Inc.
BellRing Brands, Inc. is a rapidly growing leader in the global
convenient nutrition category offering ready-to-drink shake and
powder protein products. Its primary brands, Premier Protein® and
Dymatize®, appeal to a broad range of consumers and are distributed
across a diverse network of channels including club, food, drug,
mass, eCommerce, specialty and convenience. BellRing's commitment
to consumers is to strive to make highly effective products that
deliver best-in-class nutritionals and superior taste. For more
information, visit www.bellring.com.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20230711399029/en/
Investor Relations: Reed Anderson ICR 646-277-1260
investors@sunopta.com
Media Relations: Konnect Agency 213-988-8344
sunopta@konnectagency.com
SunOpta (NASDAQ:STKL)
Gráfico Histórico do Ativo
De Mai 2024 até Jun 2024
SunOpta (NASDAQ:STKL)
Gráfico Histórico do Ativo
De Jun 2023 até Jun 2024