- Four Sol Cuisine products will
be sold across approximately 200 stores and through Walmart.ca this
September
MISSISSAUGA, ON, Aug. 30, 2021 /CNW/ - Sol Cuisine Ltd. ("Sol
Cuisine" or the "Company") (TSXV: VEG) a growth-oriented North
American plant-based protein leader, today announced the launch of
its line of plant-based meals at Walmart Canada.
Four items including: Hot & Spicy Chik'n Wings, Buffalo
Cauliflower Wings, Fishless Fillets, and Italian plant-based
Meatballs will be available in approximately 200 Walmart Canada
stores nationally and online through Walmart.ca. by the end of
September.
Sol Cuisine has been recognized for its category leading
products. The Company has the #1 preferred plant-based chicken
alternative in North
Americai and its products will be available
through Walmart Canada just as kids return to school and parents
seek out easy, healthy meals.
John Flanagan, CEO of Sol
Cuisine commented, "This agreement with Walmart Canada to
launch Sol Cuisine in an initial 200 stores across the country
represents an important opportunity for the Company to bring its
delicious, nutritious offerings to a key customer base. We look
forward to offering four of our best-selling products to Walmart
Canada customers beginning this fall. Historically, Sol Cuisine has
been very successful at driving customer conversion with
industry-leading taste metrics for healthy, high quality and
deliciousnessii, and we see an opportunity both to get
into additional Walmart stores as well as to expand the number of
products offered, over time."
For more details, visit Sol Cuisine's IR website at:
investors.solcuisine.com or contact the IR team at
investors@solcuisine.com.
About Sol Cuisine Ltd.
Sol Cuisine is the publicly traded parent company of Sol Cuisine
Inc. following the completion of its "qualifying transaction" on
May 19, 2021. Sol Cuisine is a
fast-growing producer of branded and private label,
consumer-preferred plant-based protein offerings across key
center-of-plate and appetizer categories. The Company's products
are offered through an established omni-channel distribution
platform in Canada, the U.S. and
Mexico, and are available in over
11,000 stores and more than 41,000 unique points of distribution
across four primary channels: Canada Retail Sales & Club; U.S.
Retail Sales & Club; Food Service & Industrial; and Private
Label. Over a history of 20+ years, Sol Cuisine has consistently
demonstrated an ability to innovate and delight consumers in
Canada and the U.S., while
remaining true to its commitment to producing great tasting
products that are nutritionally superior both to meat-based
offerings and to competitive plant-based products. This commitment
has resulted in several Canadian product wins, including the #1
frozen plant-based burger in Canada, the #1 consumer-preferred chicken
alternative and the #1 quality roast product as determined by Whole
Foods Market. The Company's taste and nutritional superiority has
also resulted in private label contracts with some of the most
recognized natural brands in North
America. These products are all produced at Sol Cuisine's
two state of the art facilities, totaling 35,000 square foot
facility in Mississauga, Ontario,
capable of supporting up to 10 million kilograms of volume per
annum.
For more details on Sol Cuisine's consumer brands:
Website: www.solcuisine.com
Instagram: @solcuisine
Facebook: @solcuisine
Twitter: @solcuisine
LinkedIn: @solcuisine
Forward Looking Statements
This press release includes forward-looking information within
the meaning of Canadian securities laws regarding the Company and
its business. Often but not always, forward-looking information can
be identified by the use of words such as "expect", "intends",
"anticipated", "believes" or variations (including negative
variations) of such words and phrases, or state that certain
actions, events or results "may", "could", "would" or "will" be
taken, occur or be achieved. Such statements are based on the
current expectations and views of future events of the management
of each entity, and are based on assumptions and subject to risks
and uncertainties. Although the management believes that the
assumptions underlying these statements are reasonable, they may
prove to be incorrect. The forward-looking events and circumstances
discussed in this press release may not occur and could differ
materially as a result of known and unknown risk factors and
uncertainties affecting the company, including risks regarding the
size of the industry, the growth of the market for the Company's
products, the rate and quantity of production at the Company's
facilities, market conditions, economic factors, management's
ability to manage and to operate the business of the Company and
the equity markets generally. Although the Company has attempted to
identify important factors that could cause actual actions, events
or results to differ materially from those described in
forward-looking statements, there may be other factors that cause
actions, events or results to differ from those anticipated,
estimated or intended. Accordingly, readers should not place undue
reliance on any forward-looking statements or information. No
forward-looking statement can be guaranteed. Except as required by
applicable securities laws, forward-looking statements speak only
as of the date on which they are made and the Company undertakes no
obligation to publicly update or revise any forward-looking
statement, whether as a result of new information, future events,
or otherwise.
The TSX Venture Exchange has not reviewed, approved, or
disapproved the content of this news release.
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i
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source: VegNews Oct.
2020
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ii
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Proprietary study
n=350, Jan 2021
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SOURCE Sol Cuisine Ltd.