- Billy Goat Brands (GOAT) has increased its ownership stake in Sophie’s Kitchen to 35 per cent
- Sophie’s Kitchen recently unveiled a new line of plant-based products and showcased them at various industry events across the United States
- Sophie’s Kitchen is a high-growth leader in the plant-based food industry
- Billy Goat Brands is a venture capital platform focused on high-potential companies operating in plant-based protein, functional foods, food technology and fermented foods
- Billy Goat Brands Ltd. (GOAT) is down 18.75 per cent on the day, trading at C$0.065 per share at 1:45 pm ET
Billy Goat Brands (GOAT) has converted its existing credit facility with Sophie’s Kitchen into common shares.
GOAT has increased its ownership stake in Sophie’s Kitchen to 35 per cent.
Sophie’s Kitchen recently unveiled a new line of plant-based products and showcased them at various industry events across the United States. The new plant-based frozen fish burgers, sauces, and veggie cuts were launched along with a new logo and product packaging for the established Sophie’s Kitchen brand.
“We are delighted to officially own 35 per cent of Sophie’s Kitchen. The progress that Miles and his team at Sophie’s Kitchen have made in the last 12 months is astounding and the new products and branding are world-class! We look forward to what the upcoming year has in store for this hugely disruptive product lineup through foodservice and at retail,” said Tony Harris, Chairman and Chief Executive Officer of GOAT.
Sophie’s Kitchen is a 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. The brand offers a product portfolio full of great-tasting and clean, guilt-free alternatives.
Billy Goat Brands is a venture capital platform focused on high-potential companies operating in plant-based protein, functional foods, food technology and fermented foods.
Billy Goat Brands Ltd. (GOAT) is down 18.75 per cent on the day, trading at C$0.065 per share at 1:45 pm ET.
