VANCOUVER, Dec. 6, 2017 /CNW/ - Global Gardens Group Inc. (the "Company") (TSXV: VGM) is pleased to announce the arrival of its proprietary "Veggemo" non-dairy vegetable based milk line onto retailer store shelves in China.
To-date eight containers of Veggemo have been shipped to China with an additional two containers to ship out by year end. Six of the containers have made it into stores in support of customer demand. To highlight a few important retailers:
- BHG Market Place – an upscale supermarket with stores across mainland China. BHG carries an extensive product selection including produce and organic products.
- FamilyMart – One of the largest chains in China with franchised convenience stores covering all major markets like Shanghai, Beijing and Guangzhou.
- Ole Supermarkets – High end stores focusing on fashion, consumer products and exotic fresh fruits and vegetables. Targeting a white collar customer, 70% of product in-store is imported.
Warren Spence, CEO V-Power (China) states "these well-known and targeted retailers play an important role in establishing the Veggemo footprint in China. BHG and Ole have a premium shopper who desire healthy products. Furthermore, imported products, especially from trusted markets like North America, are in demand. Additionally, the on-line and convenience store market in China continues to boom* as time starved consumers look for convenience. Veggemo's availability in FamilyMart provides the outlets to reach them." Mr. Spence continues, "Veggemo has arrived in about 250 stores to-date and we will reach over 800 stores in China by mid 2018."
The Veggemo product line is the dairy alternative originating from vegetables and is Global Garden Group's (VGM) showcase product for the dairy-free industry. Veggemo is available in 3 varieties: Original, Unsweetened and Vanilla flavors. Our proprietary blend of pea protein, tapioca and potatoes create a smooth and delicious blend. The Dairy-free industry continues to witness dynamic growth led by consumer demand for plant-based food and beverages.
About Global Gardens Group
Global Gardens Group is comprised of a highly experienced management team and board that have provided senior leadership to many consumer brands, corporate finance companies and Canadian investment banks. This list includes Neilson Dairy, Ben & Jerry's and Haagen Dazs Ice Cream, Gillette, P&G, Cadbury Schweppes, Sunkist, Primo Pasta, Price Waterhouse Coopers, Desjardins Securities Inc., Orion Securities Inc., Vengate Capital, HSBC Securities Inc. and Gordon Capital.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE Global Gardens Group Acquisition Corp.
For further information: Investor Relations: Rob Harrison, President & CEO, Global Gardens Group Inc., T: 604.351.7609, [email protected]