Total
0
Shares
Market Herald logo

Subscribe

Be the first with the news that moves the market
  • Billy Goat Brands (GOAT) investee Sophie’s Kitchen has signed a master brokerage sales agreement with leading seafood distributor Southwind Foods
  • Under the master brokerage sales agreement and equity partnership with Southwind, GOAT’s products will be distributed across tens of thousands of distribution points
  • Southwind Foods, LLC is a U.S. owned and operated company that supplies grocery, distributor, and food service customers fresh and frozen seafood
  • Sophie’s Kitchen creates seafood alternatives that enable people to eat plant-based without giving up the flavors they love
  • Billy Goat Brands is a venture capital platform focused on investing in high-potential companies operating in the ocean economy
  • Billy Goat Brands Ltd. (GOAT) opened trading at C$0.25 per share

Billy Goat Brands (GOAT) investee Sophie’s Kitchen has signed a master brokerage sales agreement with leading seafood distributor Southwind Foods.

Billy Goat Brands CEO Tony Harris sat down with Caroline Egan to discuss the announcement.

“We are tremendously excited for Sophie’s Kitchen to enter into this master brokerage sales agreement and equity partnership with Southwind, which is expected to provide significant growth opportunities for Sophie’s Kitchen. Partnering with an organization that has such deeply rooted distribution capabilities across North America is a major milestone for GOAT’s Portfolio Company. And I greatly look forward to trying the delicious new products that the two companies’ food scientists have already begun to create together.”

Sophie’s Kitchen stands to benefit from Southwind’s dedicated national sales force and tens of thousands of distribution points for its products across foodservice locations including restaurants, retail stores and grocery chains.

Southwind is a highly respected seafood industry leader with over US$550,000,000 in annual sales and will provide Sophie’s Kitchen with its ongoing support and a commitment to its sales growth, product development, and customer support.

Southwind Foods, LLC is a U.S.-owned and operated company that supplies grocery, distributor, and foodservice customers fresh and frozen seafood sourced from the U.S. and imported from around the world.

Since 2010, Sophie’s Kitchen has been a disruptive innovator and high-growth leader in the plant-based food industry, creating seafood alternatives that enable people to eat plant-based without giving up the flavours they love.

Billy Goat Brands is a venture capital platform focused on investing in high-potential companies operating in the ocean economy.

Billy Goat Brands Ltd. (GOAT) opened trading at C$0.25 per share.

More From The Market Herald
Featured Video Play Icon

" Boosh (CSE:VEGI) reports over 8,000 consumers and investors visited Planted Expo in Vancouver

Thousands of consumers and investors visited the Boosh-sponsored Planted Expo, Canada’s largest plant-based convention.

" Diamond Estates Wines & Spirits (TSXV:DWS) reports Q2 2022 financial results

Diamond Estates Wines & Spirits Inc. (DWS) has released its financial results for the three and six months ended September 30, 2021.

" The Limestone Boat Company (TSXV:BOAT) closes first tranche of private placement

The Limestone Boat Company (BOAT) has closed the first tranche of its brokered private placement for gross proceeds of approximately $2.6 million.

" Roger Sugar (TSX:RSI) reports fourth quarter 2021 results

Roger Sugar (RSI) reported fiscal 2021 results with consolidated adjusted EBITDA of $24.8 million and $91.