Else Expands to Canada’s Second Largest Retailer with Its Product Range in Over 600 Stores
03 Maio 2023 - 8:00AM
ELSE NUTRITION HOLDINGS INC.
(BABY)
(BABYF)
(0YL.F) ("Else" or the
"Company"), announces that it has expanded its
distribution in the Canadian market with Canada’s second largest
food retailer. The national rollout includes Else Toddler Formula,
Kids Shake Vanilla and Chocolate, and Original and Vanilla flavors
of Baby Super Cereal.
Starting this month, Else’s innovative products will be
available in more than 600 additional stores across Canada, across
multiple banners and territories. This marks a significant
milestone for Else Nutrition, which has been offering its products
online in Canada since July 2022. Canadian consumers will now be
able to find Else’s plant-based toddler formula, kids’ shakes and
baby cereal on the shelves of another national grocery chain.
“We are very proud to grow our presence in Canada and partner
with a trusted and respected retailer that shares our vision of
offering healthy and sustainable choices for families,” said
Hamutal Yitzhak, CEO and Co-Founder of Else. “Canada is a key
market for us as we continue to expand our global presence and
reach millions of new potential customers who are looking for
clean-label alternatives to dairy- and soy-based nutrition.”
For more information, visit:
www.elsenutrition.com or follow Else Nutrition on LinkedIn
About Else Nutrition Holdings
Inc.
Else Nutrition Holdings Inc. is a food and
nutrition company in the international expansion stage focused on
developing innovative, clean, and plant-based food and nutrition
products for infants, toddlers, children, and adults. Its
revolutionary, plant-based, non-soy formula is a clean-ingredient
alternative to dairy-based formula. Else Nutrition (formerly INDI)
won the "2017 Best Health and Diet Solutions" award at Milan's
Global Food Innovation Summit. The parent company, Else Nutrition
Holdings Inc., is a publicly-traded company, listed on the Toronto
Stock Exchange under the trading symbol BABY and is quoted on the
US OTCQX Market under the trading symbol BABYF and the Frankfurt
Stock Exchange under the symbol 0YL. Since launching its
Plant-Based Complete Nutrition for Toddlers, made of whole foods,
almonds, buckwheat, and tapioca, the brand has received thousands
of powerful testimonials and reviews from parents, gained national
retailer support, and achieved rapid sales growth. Else became the
#1 Best Seller on Amazon in the Fall of 2020 in the New Baby &
Toddler Formula Category. It won the 'Best Dairy Alternative' Award
2021 at World Plant-Based Expo and was a Nexty Award Finalist at
Expo West 2022 in the Plant-Based lifestyle category. During
September 2022 Else Super Cereal reached the #1 Best Seller in Baby
Cereal across all brands on Amazon.
Investor Relations Contact:
RBMG – RB Milestone Group LLCTrevor Brucato, Managing DirectorE:
Baby@rbmilestone.comwww.rbmilestone.com
Lytham Partners, LLC Mr. Ben Shamsian New York | PhoenixE:
shamsian@lythampartners.com P: 646-829-9701
TSX
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Statements
This press release contains statements that may
constitute "forward-looking statements" within the meaning of
applicable securities legislation. Forward-looking statements are
typically identified by words such as "will" or similar
expressions. Forward-looking statements in this press release
include statements with respect to the anticipated dates for filing
the company's financial disclosure documents. Such forward-looking
statements reflect current estimates, beliefs, and assumptions,
which are based on 'management's perception of current conditions
and expected future developments, as well as other factors
management believes are appropriate in the circumstances. No
assurance can be given that the foregoing will prove to be correct.
Forward-looking statements made in this press release assume, among
others, the expectation that there will be no interruptions or
supply chain failures as a result of COVID-19 and that the
manufacturing, broker, and supply logistic agreement with the
company does not terminate. Actual results may differ from the
estimates, beliefs, and assumptions expressed or implied in the
forward-looking statements. Readers are cautioned not to place
undue reliance on any forward-looking statements, which reflect
management's expectations only as of the date of this press
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A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/aa2c6d1f-b80c-433a-9930-a0fbead46ba8
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