- Plant-based foods investment company Eat Well Investment Group Inc. is an innovative producer of food products designed to help nations respond to food security concerns and do so with healthful alternatives to established supply methods
- Eat Well recently announced the appointment of plant-based industry pioneer Bernhard Van Lengerich to the company’s advisory board
- Van Lengerich is experienced in senior leadership at companies such as General Mills, Beyond Meat, RJR Nabisco and Unilever, and he is the inventor or co-inventor on over 150 patents
- Eat Well Group’s 100 percent-owned subsidiary Sapientia is focused on innovating new plant-based snack foods for people and pets, while subsidiary Belle Pulses drives the company’s food security response with pea-based protein products
- Eat Well’s subsidiaries, which also includes baby food maker Amara, are poised to increase their distribution outlets during the coming months
The appointment of plant-based industry pioneer Bernhard Van Lengerich to the advisory board of foods investment company Eat Well Investment Group (CSE: EWG) (OTC: EWGFF) highlights the company’s drive to boost innovation in an industry with roots reaching back centuries even though it is still in its early stages, thanks to new consumer interest in economical alternatives to established food supply methods.
Van Lengerich’s experience includes senior leadership positions at General Mills, Beyond Meat, Buhler, RJR Nabisco, Unilever, and the German Institute for Food Technology, and he the inventor or co-inventor on over 150 patents, according to a news release issued by the company.
“We are honored to welcome Bernhard to Eat Well Group. His experience and track record in not only major plant-based foods companies, but global consumer products, is unparalleled, and even more importantly, his values align with our mission,” Eat Well Group CEO and Director Marc Aneed stated in the release (https://nnw.fm/YJP6m). “We look forward to working with him to assist management, help advise our portfolio companies, and review potential investments that have the ability to change our world for the better.”
Eat Well Group’s food industry portfolio companies include 100 percent-owned subsidiary Sapientia, a developer of plant-based snacks tasked with providing revolutionary new options for health-conscious consumers.
Sapientia’s first product, a white-labeled protein twist, launched in December and is being distributed through Federated Co-op stores in western Canada and the company expects to more than double the hundreds of stores the protein twist is available in through Q3.
Sapientia’s proprietary foundation for the snack is its development of processing technology that allows the company to create a product with the textural attributes of a fried snack without using fried processing. And the snack maintains a high nutritional value.
Sapientia’s research and development team has continued moving ahead in the meantime with plans for producing and distributing pet treats and new forms of “kid household” snacks bearing Sapientia’s signature approach to healthful foods. And the company is developing a direct store delivery (“DSD”) strategy for regional markets that it hopes to put in motion later this year (https://nnw.fm/zZrA8).
Healthful snack foods is only one part of Eat Well Group’s sphere of operations. Its primary revenue driver has been its pea-based foods production through 100 percent-owned subsidiary Belle Pulses, which supplies international markets with protein alternatives to meat products.
And Eat Well’s significant holdings in Amara Organic Foods gives it a competitive stake in the production of healthful foods for babies and young children.
“Food security has become a major concern around the world. From severe weather to disrupted supply chains, and global conflicts, making our investment thesis more timely than ever. Real food, right now, is what the world needs, and that’s what Eat Well’s portfolio companies are supplying every week,” Aneed added. “We are incredibly excited for where we are headed and expect the management teams to continue ramping up well into the future.”
For more information, visit the company’s website at www.EatWellGroup.com.
NOTE TO INVESTORS: The latest news and updates relating to EWGFF are available in the company’s newsroom at https://nnw.fm/EWGFF
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