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Be the first with the news that moves the market- Koios Beverage Corp. (KBEV) has joined LoCo Food Distributors network of food and beverage vendors
- The distribution network will give Koios access to over 600 customer locations – from small delis to large chain grocers, such as Wholefoods
- Addition to the network takes the pressure of distribution and fulfillment of Koios, allowing the company to focus on core business operations
- Shares in Koios are currently down by 11.36 per cent to C$0.20, with a market cap of C$15.05 million
Koios Beverage Corporation (KBEV), an emerging functional beverage company, has been approved to join LoCo Food Distributor’s network of food and beverage vendors.
LoCo’s network of approximately 150 product merchants is distributed to more than 600 customer locations, providing exposure to a wide range of retail sales channels.
“Given their impressive network of clients in Colorado’s grocery and foodservice industries, working with LoCo will open up countless new wholesale and retail opportunities for our KOIOS™ and Fit Soda™ branded products,” said Koios CEO, Chris Miller.
“With an in-house sales team working to open new doors for vendor partners like us, LoCo’s team effectively becomes an extension of Koios’ team.”
As a specialist in the distribution of Colorado-grown and processed products, LoCo acts to streamline local sourcing by offering a simplified approach to stocking products for retail outlets, as well as a simplified distribution process for food and beverage companies.
LoCo’s network of retail clients includes large chain grocers, such as Safeways and Whole Foods, and a wide range of small to medium-sized independent and specialty storefronts.
In addition, LoCo has also operated its ‘LoCo Foods Tradeshow’ for the last eight years – a yearly one-day event which showcases the network’s vendors and products to an audience of chefs, independent grocers, retail chains, restaurant managers and local food advocates from around Colorado.
“Now that this relationship is in place, we will be able to keep our in-house focus at Koios to production and servicing our direct relationships with retailer clients without spreading ourselves too thin,” added Mr. Miller.
Shares in Koios are currently down by 11.36 per cent to C$0.20, with a market cap of C$15.05 million.
