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Eat Well Group’s Investee Company Announces Distribution of Amara Organic Foods to Kroger’s eCommerce Platforms


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Amara’s natural plant-based child meals is now accessible at Kroger.com and Vitacost.com

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VANCOUVER, British Columbia — Eat Effectively Funding Group Inc. (the “Firm” or “Eat Effectively Group” or “EWG”) (CN:EWG) (US:EWGFF) (FRA:6BC0) is happy to announce that one in all its investee corporations, Amara Natural Meals (“Amara”), one of many fastest-growing child meals manufacturers in America, is on the market at The Kroger Co.’s (NYSE:KR) (“Kroger”) eCommerce platforms, Kroger.com and Vitacost.com.

Headquartered in Cincinnati, Ohio, Kroger is without doubt one of the largest retailers in the USA based mostly on annual gross sales. The corporate boasts over 2,750 grocery retail shops below a wide range of banner names. Kroger codecs embody supermarkets, seamless digital purchasing choices, price-impact warehouse shops, and multi-department shops.

“Amara is happy so as to add extra premier eCommerce distribution with Kroger.com, one of many largest retailers in North America,” said Jessica Sturzenegger, CEO of Amara. “Elevated distribution via eCommerce channels continues to be a strategic focus of Amara to drive each topline income and to maximise margins that come from a DTC surroundings,” continued Jessica.

Distribution to Kroger’s eCommerce platforms compliments Amara’s already sturdy retail and digital footprint which incorporates distribution to lots of North America’s main big-box retailers, together with Amazon, Walmart Canada, Entire Meals, Sprouts Farmer’s Market, HEB, Loblaws and extra. Amara is targeted on accelerating its omnichannel gross sales distribution technique and continued development throughout pure well being meals shops and conventional big-box retailers, along with ecommerce.

The Firm’s administration believes Amara’s development might be attributed to the worldwide pattern of customers in search of nutritious plant-based meals so as to add into their on a regular basis life, and Amara’s scrumptious toddler snacks and child meals being 100% natural with wonderful style. The toddler vitamin market is estimated to succeed in over $109 billion globally by 20271, and Amara is poised to be a pacesetter within the plant-based section.

To study extra, be a part of Eat Effectively Group’s mailing listing for essential updates.

ABOUT EAT WELL GROUP

Eat Effectively Group is a publicly-traded funding Firm primarily targeted on high-growth corporations within the agribusiness, meals tech, plant-based and ESG (environmental, social and governance) sectors. Eat Effectively Group’s administration staff has an in depth file of sourcing, financing and constructing profitable corporations throughout a broad vary of industries and maintains a present funding mandate on the well being/wellness business. The staff has financed and invested in early-stage enterprise corporations for higher than 25 years, leading to unparalleled entry to deal circulate and the power to assemble a portfolio of opportunistic investments supposed to generate superior risk-adjusted returns.

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Disclaimer for Ahead Trying Statements

This information launch accommodates “forward-looking data” and “forward-looking statements” throughout the that means of relevant Canadian and United States securities legal guidelines (collectively, “forward-looking data”). Ahead-looking data are sometimes, however not all the time, recognized by way of phrases resembling “search,” “anticipate,” “imagine,” “plan,” “estimate,” “count on,” “seemingly” and “intend” and statements that an occasion or consequence “might,” “will,” “ought to,” “might” or “would possibly” happen or be achieved and different comparable expressions. Ahead-looking data on this information launch consists of the projected development of the toddler vitamin market and Amara’s capability to learn from such development. Ahead-looking data relies on assumptions which will show to be incorrect, together with however not restricted to a continued improve in demand throughout the toddler vitamin market and the power of the Firm or its portfolio corporations to execute their enterprise plans. The Firm considers these assumptions to be cheap within the circumstances. Nonetheless, forward-looking data is topic to enterprise and financial dangers and uncertainties and different elements that might trigger precise outcomes of operations to vary materially from these expressed or implied within the forward-looking data. Such dangers embody, with out limitation surprising disruptions to the operations and companies of Amara; the power of Amara to adjust to relevant authorities rules; the inherent uncertainty of manufacturing and value estimates and the potential for surprising prices and bills; prices of inputs; crop failures; litigation; foreign money fluctuations; competitors; availability of capital and financing on acceptable phrases; business consolidation; lack of key administration and/or workers; and different dangers detailed herein and every so often within the filings made by the Firm with securities regulators. For extra data on the Firm and the dangers and challenges of its investments, buyers ought to assessment their annual filings which can be accessible at www.sedar.com.

The Canadian Securities Alternate has neither accepted nor disapproved the data contained herein and doesn’t settle for accountability for the adequacy or accuracy of this information launch.

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1 https://www.globenewswire.com/en/news-release/2021/05/26/2236117/0/en/International-infant-nutrition-market-size-to-register-10-6-CAGR-by-2027.html

View supply model on businesswire.com: https://www.businesswire.com/information/dwelling/20220517005538/en/

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Contacts

Eat Effectively Funding Group Inc.
Marc Aneed, CEO
[email protected]
www.eatwellgroup.com

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