Stryve Foods, Inc. (“Stryve” or “the Company”) (NASDAQ: SNAX), a
pioneer in healthy protein snacks, is excited to announce a
strategic partnership with Acosta Group (“Acosta”), a prominent
sales and marketing agency. The collaboration brings together the
expertise and market reach of both companies, with a shared
commitment to delivering high-quality products to consumers across
the nation.
Chris Boever, CEO of Stryve, expressed
enthusiasm about the partnership, stating, "We are thrilled to join
forces with Acosta Group. This collaboration aligns seamlessly with
our vision to make healthy snacking accessible to a broader
audience. Acosta's proven track record in sales and marketing will
undoubtedly enhance our market presence and accelerate the growth
of our portfolio of brands."
Darian Pickett, Chief Executive Officer, Sales
Agency, also expressed optimism about the partnership, saying,
"Stryve has established itself as a leader in the healthy snacks
industry, and we are excited to be their strategic partner. We
believe that our combined strengths will drive increased visibility
and availability of Stryve's innovative products. Together, we look
forward to creating a powerful impact in the market."
Stryve is widely recognized for its commitment
to producing high-protein, low-carb snacks using top-quality
ingredients. The partnership with Acosta Sales and Marketing will
leverage the agency's extensive network and experience in the
consumer-packaged goods sector to amplify the distribution and
promotion of Stryve's products.
Acosta Group, with a rich history spanning
decades, is known for its comprehensive sales and marketing
solutions that help brands succeed in the competitive retail
landscape. This partnership with Stryve reflects Acosta's
dedication to collaborating with innovative companies that bring
value to consumers.
The strategic collaboration between Stryve Foods
and Acosta Group is expected to generate mutually beneficial
outcomes, including increased market share, expanded distribution
channels, and heightened brand visibility.
For more information about Stryve and its
brands, please visit Stryve.com, Vacadillos.com, eatbiltong.com, or
ir.stryve.com.
About Acosta Group
Acosta Group is a leading sales and marketing
agency that partners with consumer packaged goods (CPG) brands to
drive growth and success in the market. With more than 20,000
associates, many of them having worked at prominent CPG companies,
leading retailers, or marketing agencies, Acosta delivers tailored
solutions that help brands navigate the complex retail landscape
and grow sales and market share when opportunities arise. Acosta
has the talent and technology to construct data-driven strategies;
the reach and relationships to execute against those strategies;
and the tools to monitor, track and optimize metric-based results
for clients and retailers. Acosta’s ability to connect real-time
data into its comprehensive sales and marketing platform delivers
insight that matters to clients. Within every sales channel and
virtually every retail environment, Acosta leverages its near
century of experience, growing international presence and dominance
in an array of categories to influence more sales for more clients
than any other company. For more information about Acosta Group,
please visit www.acosta.com.
About Stryve Foods, Inc.
Stryve is a premium air-dried meat snack company
that is conquering the intersection of high protein, great taste,
and health under the brands of Braaitime, Kalahari, Stryve, and
Vacadillos. Stryve sells highly differentiated healthy snacking and
food products in order to disrupt traditional snacking and CPG
categories. Stryve’s mission is “to help Americans eat better and
live happier, better lives.” Stryve offers convenient products that
are lower in sugar and carbohydrates and higher in protein than
other snacks and foods. Stryve’s current product portfolio consists
primarily of air-dried meat snack products marketed under the
Stryve®, Kalahari®, Braaitime®, and Vacadillos® brand names. Unlike
beef jerky, Stryve’s all-natural air-dried meat snack products are
made of beef and spices, are never cooked, contain zero grams of
sugar*, and are free of monosodium glutamate (MSG), gluten,
nitrates, nitrites, and preservatives. As a result, Stryve’s
products are Keto and Paleo diet friendly. Further, based on
protein density and sugar content, Stryve believes that its
air-dried meat snack products are some of the healthiest
shelf-stable snacks available today. Stryve also markets and sells
human-grade pet treats under the brand Two Tails, made with simple,
all-natural ingredients and 100% real beef with no fillers,
preservatives, or by-products.
Stryve distributes its products in major retail
channels, primarily in North America, including grocery,
convenience store, mass merchants, and other retail outlets, as
well as directly to consumers through its ecommerce websites and
through the Amazon and Walmart platforms. For more information
about Stryve Foods, Inc., visit www.ir.stryve.com.
* All Stryve Biltong and Vacadillos products
contain zero grams of added sugar, with the exception of the
Chipotle Honey flavor of Vacadillos, which contains one gram of
sugar per serving.
Cautionary Note Regarding
Forward-Looking StatementsCertain statements made herein
are “forward-looking statements” within the meaning of the “safe
harbor” provisions of the Private Securities Litigation Reform Act
of 1995. Forward-looking statements may be identified by the use of
words such as “anticipate”, “may”, “will”, “would”, “could”,
“intend”, “aim”, “believe”, “anticipate”, “continue”, “target”,
“milestone”, “expect”, “estimate”, “plan”, “outlook”, “objective”,
“guidance” and “project” and other similar expressions that predict
or indicate future events or trends or that are not statements of
historical matters, including, but not limited to, statements
regarding Stryve’s plans, strategies, objectives, targets and
expected financial performance. These forward-looking statements
reflect Stryve’s current views and analysis of information
currently available. This information is, where applicable, based
on estimates, assumptions and analysis that Stryve believes, as of
the date hereof, provide a reasonable basis for the information and
statements contained herein. These forward-looking statements
involve various known and unknown risks, uncertainties and other
factors, many of which are outside the control of Stryve and its
officers, employees, agents and associates. These risks,
uncertainties, assumptions and other important factors, which could
cause actual results to differ materially from those described in
these forward-looking statements, include: (i) the inability to
achieve profitability due to commodity prices, inflation, supply
chain interruption, transportation costs and/or labor shortages;
(ii) the ability to recognize the anticipated benefits of the
Business Combination or meet financial and strategic goals, which
may be affected by, among other things, competition, supply chain
interruptions, the ability to pursue a growth strategy and manage
growth profitability, maintain relationships with customers,
suppliers and retailers and retain its management and key
employees; (iii) the risk that retailers will choose to limit or
decrease the number of retail locations in which Stryve’s products
are carried or will choose not to carry or not to continue to carry
Stryve’s products; (iv) the possibility that Stryve may be
adversely affected by other economic, business, and/or competitive
factors; (v) the effect of the COVID-19 pandemic on Stryve; (vi)
the possibility that Stryve may not achieve its financial outlook;
(vii) risks around the Company’s ability to continue as a going
concern and (viii) other risks and uncertainties described in the
Company’s public filings with the SEC. Actual results, performance
or achievements may differ materially, and potentially adversely,
from any projections and forward-looking statements and the
assumptions on which those projections and forward-looking
statements are based.
Investor Relations Contact:Investor
Relationsir@stryve.com
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