ELSE NUTRITION HOLDINGS INC, an innovative manufacturer of plant-based foods for infants, toddlers and children, announces that its whole plant foods have now been listed with United Natural Foods (UNFI) as a core partner for food distribution in the US. Else was the first producer of plantbased infant nutrition and is a publicly listed company.
Else Nutrition and Danone Enter into Cooperation Agreement
Else Nutrition (BABY) has announced a multi-phase collaboration with French multinational food processing company Danone SA. Else and Danone signed a letter of intent (LOI) on November 13, 2023, which provides for cooperation in several phases. The prerequisite for this is the conclusion of certain economic conditions. The LOI came about after Danone completed extensive due diligence. In the first cooperation phase, Else and Danone will conclude a license agreement. This stipulates that Else’s purely plant-based and soy-free infant nutrition products, for which clinical evidence has been provided, are included in Danone’s specialty food range and are manufactured and marketed by Danone. In addition to the first phase, the contracting parties will negotiate further business opportunities beyond product marketing. The contracting parties expect to sign …
