Today, JUST Inc. has announced a list of new partnerships to manufacture and distribute its JUST Egg across North America, Latin America, Europe, and East Asia. The collaborations include South Korea’s SPC Samlip, Southeast Asia’s Betagro Group, Latin America’s Alianza Team, Mexico’s Grupo Bimbo, and global delivery platform Delivery Hero.
This updated global infrastructure includes millions of additional points of potential distribution and access to production facilities on multiple continents. It will provide JUST the scale needed to meet the increasing worldwide demand for its’ vegan egg products.
In addition to the new global partnerships and capital, JUST has added Jacob R. Robbins, CEO of Emeterra, to its Board. Robbins formerly served as Managing Director of Coca-Cola’s largest global supply chain, spanning over 120 active countries. JUST’s business model is similar to Coca-Cola, wherein a protein or concentrate is sold to a global network of partners who then bottle and sell the finished product. Robbins’s unique knowledge of this scalable model has informed how JUST has developed its own operations.
The company also added Dana Hollinger, an accomplished insurance industry executive, and attorney, as a Board Observer and advisor. Hollinger served on the Board of the California Public Employees’ Retirement System (CalPERS), the largest asset owner in the United States representing approximately $400 billion assets under management (AUM). She also served on the Board of the International Corporate Governance Network (ICGN), led by investors with over $34 trillion AUM. ICGN is a leading authority on global standards of corporate governance and investor stewardship.
“Our ability to scale to meet the demand is our main focus in 2020. It’s humbling to see some of the world’s most influential food companies join us to meet the challenge,” said Josh Tetrick, co-founder, and CEO of JUST. “We’ve come to have an enormous amount of respect for their approach to innovation and commitment to building a stronger, healthier food system. Their partnership, along with having Jacob and Dana join us, is our now-public recipe to take another big step toward living out the mission of our company.”
The demand for JUST Egg has been accelerated by an increasing and more recent awareness of the necessity to build a food system that is safe, stable and, healthier. After just one year of distribution, JUST Egg has sold the equivalent of 30 million eggs — all made entirely from plants.