Two established food businesses merging to improve scale and capture growth opportunity.
The combined entity currently produces and distributes almost $6,000,000 of transformational food products under customer brands throughout Canada and select international markets. We are looking to strengthen our balance sheet with $3,000,000 of new equity capital to finance major expansion.
Total revenue in the Canadian Food and Drink market as of 2024 exceeded US$131.7bn. Total revenue is expected to show an annual growth rate (CAGR 2024-2029) of 5.28% resulting in a market volume of US$170.30bn in 2029.
We monetize through exclusive and non-exclusive product distribution and production agreements. Target profit margin on all products distributed is 28% and this varies with private labeled products produced for us under co-packing agreements.
We currently have combined revenues of CDN$6,000,000 with a strong new product pipeline that could deliver outsized revenue growth and profitability over the next 24 months. Beyond our current 1500 SKU's distributed we have transformational products in development within four categories: beverage, snack, confectionery and condiments.
Our executive team members each have 10-20 years experience distributing and launching products in the food and beverage sector both nationally and internationally.
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