Ultima Foods

Nabati Foods Attracts Leading Food Industry Expert, Martin Parent

Retrieved on: 
Wednesday, October 6, 2021

VANCOUVER, British Columbia, Oct. 06, 2021 (GLOBE NEWSWIRE) -- Nabati Foods Global Inc. (CSE: MEAL) (Nabati Foods or the Company), a plant-based food technology company offering whole, natural, plant-based foods for health-conscious consumers, is announcing that it has attracted senior food industry leader, Martin Parent, to act as an advisor to Nabati Foods CEO Ahmad Yehya.

Key Points: 
  • VANCOUVER, British Columbia, Oct. 06, 2021 (GLOBE NEWSWIRE) -- Nabati Foods Global Inc. (CSE: MEAL) (Nabati Foods or the Company), a plant-based food technology company offering whole, natural, plant-based foods for health-conscious consumers, is announcing that it has attracted senior food industry leader, Martin Parent, to act as an advisor to Nabati Foods CEO Ahmad Yehya.
  • Mr. Parent will work closely with Mr. Yehya to support Nabati Foods global expansion efforts, particularly efforts related to Nabati Plant Eggz, the Company's plant-based liquid egg alternative that launched in August of 2021.
  • We are pleased to welcome an experienced business executive like Martin Parent to our growing Nabati Foods family, Nabati Foods CEO Ahmad Yehya said.
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    Find Nabati Foods products at a location near you here: https://www.nabati.ca/a/store-locator
    About Nabati Foods Global Inc.
    Nabati Foods Global Inc. is the owner of Nabati Foods Inc. (Nabati Foods), a family-founded food technology company offering whole, natural, plant-based, gluten, and soy-free foods for health-conscious consumers.

General Mills Announces Proposed Sale of European Yoplait Operations to Sodiaal

Retrieved on: 
Tuesday, March 23, 2021

Net sales for the Yoplait S.A.S business that would be wholly owned by Sodiaal totaled $740 million in fiscal 2020.

Key Points: 
  • Net sales for the Yoplait S.A.S business that would be wholly owned by Sodiaal totaled $740 million in fiscal 2020.
  • Under the terms of the transaction, General Mills would acquire Sodiaals 49 percent ownership interest in Yoplait Canada Holding Co., making the Yoplait Canada yogurt business, which generated $290 million in net sales in fiscal 2020, a wholly owned subsidiary of General Mills.
  • At the same time, we are pleased to be returning the European Yoplait business to the brands original creator and our trusted partner, Sodiaal.
  • The General Mills team will work diligently alongside Sodiaal to ensure a smooth transition as this business enters its next chapter.