Mar 2, 2022
Eat Well Investment Group (CSE: EWG) (OTC: EWGFF), a plant-based food supply chain vertical innovator, is focused on bringing more nutritious and tasty foods for international consumers throughout North American markets. The rising profile of baby food brand Amara Organic Foods has been a boon to Eat Well Group, which acquired 51% ownership of the company in October with the option to obtain up to 80%. Distributed through e-commerce giants Amazon and Walmart, Amara is now gracing the shelves of big-box retailers such as Walmart, Whole Foods, Sprouts Farmer’s Market and, in Canada, Loblaws Inc. In June, Amara also launched in independently owned food retailer HEB Grocery Company LP (known as “H-E-B”), which serves Texas and Mexico, and has since expanded to 200 of H-E-B’s stores with new baby food flavors tropical mango and peas, corn and carrots. “We’re thrilled to be expanding our retail shelf footprint with one of our key retailers, H-E-B. It’s a true testament to Amara’s strong growth in the category and the changing customer,” Amara founder and CEO Jessica Sturzenegger said, as quoted in a recent article. “Customers are increasingly thinking about the food they eat, and Amara is truly the only baby food that can bring all the benefits of fresh with the convenience of shelf stable.”
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About Eat Well Investment Group Inc.
Eat Well Group is a publicly traded investment company primarily focused on high-growth companies in the agribusiness, food tech, plant-based and environmental, social and governance (“ESG”) sectors. Eat Well Group’s management team has an extensive record of sourcing, financing and building successful companies across a broad range of industries and maintains a current investment mandate on the health/wellness industry. The team has financed and invested in early-stage venture companies for greater than 25 years, resulting in unparalleled access to deal flow and the ability to construct a portfolio of opportunistic investments intended to generate superior risk-adjusted returns. For more information, visit www.EatWellGroup.com.
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