Veg of Lund signs an agreement with leading distributor in the Baltics
Veg of Lund, the innovative plant-based food company with the unique potato drink DUG, announces the collaboration with Eugesta, one of the leading distributors in Estonia, Latvia and Lithuania.
Eugesta, with a presence in the Baltic market since 1992, has a robust network of over 250 partners is renowned for its successful, long-term collaborations with global brands.
Helene Nielsen, CEO of Veg of Lund, expresses her enthusiasm for this collaboration: "We are proud to commence our partnership with Eugesta, a company well known for building brands and driving sales in the Baltic market, both in the Horeca, Retail and Food industry sectors. This aligns perfectly with our strategy to position DUG as a high-quality player in the realm of next-generation plant-based foods. This collaboration strengthens the strategy to position Veg of Lund within the European markets."
"We believe in the potential of DUG, which is why we are thrilled to embark on this collaboration. Our primary goal is to present, and list DUG in all channels in the Baltics. A sustainable, plant-based drink derived from potatoes is both exciting and unique in the market. Moreover, the superior taste adds another layer of appeal, says Kazimieras Šaveiko, Head of Commercial Department at Eugesta.
For more information, please contact:
Veg of Lund AB
Helene Nielsen, CEO
Telephone: +46 732 22 76 35
E-mail: helene.nielsen@vegoflund.se
About Veg of Lund AB (publ)
Veg of Lund should be the natural choice for all actors in the transition to plant-based foods. The company’s business concept is to use its own patented methods, innovative solutions and know-how to develop and sell products that the market demands. Changes are required for the food industry to reach its set climate goals. The company is contributing by its investment in plant-based foods with a low climate footprint, raw materials that are easily grown and available, and health benefits for the end consumer. The company and its well-established partners in priority markets and channels provide the conditions to grow in a global market, valued at USD 100 billion. The share is listed on Nasdaq First North and is traded under the name VOLAB. Read more at ir.vegoflund.se. Mangold Fondkommission AB is the company’s Certified Adviser and can be contacted by phone: +46 8 5030 15 50 or e-mail: ca@mangold.se.