Save Foods (NASDAQ: SVFD) (FSE: 80W), a pioneer agri-food tech company offering sustainable solutions for agriculture and plant-based food, has announced its commencement of commercial activity in Brazil. The move was facilitated by the company’s local exclusive distributor after confirming that Save Foods’ solutions comply with local regulations. With regulatory barriers unhindered, Save Foods’ distributor is set to start marketing an ordering process, as announced on Feb. 26, 2024. “As the country is put under pressure to comply with the Farm to Fork Strategy aligned with the European Green Deal, it has become increasingly crucial for suppliers of fresh fruit and vegetables to proactively adopt sustainable practices and stay ahead of evolving standards,” said Antonio Lunguinho, the CEO of Oxytrade Comercio and Ricardo Picard, the CEO of Endeavor Biologics.
“We are thrilled to represent Save Foods in Brazil and combine our strengths with Save Foods’ innovative solutions. We are glad Save Foods’ products are cleared for distribution and we are looking forward to start our commitment to buying minimum quantities. We believe this partnership is poised to revolutionize the post-harvest treatment of fresh produce starting with limes and mangos, benefiting farmers, distributors and consumers alike.”
To view the full press release, visit https://ibn.fm/65Fxf
About Save Foods Inc.
Save Foods is an innovative agri-food tech company that through its three operational arms delivers integrated solutions for improved safety, quality and sustainability every step of the way from field to fork. Save Foods Ltd., Save Foods’ majority owned Israeli subsidiary, focuses on post-harvest treatments in fruit and vegetables to control and prevent pathogen contamination, significantly reduce the use of hazardous chemicals, and prolong fresh produce’s shelf life. NTWO OFF Ltd., Save Foods’ majority owned Israeli subsidiary, contributes to tackling greenhouse gas emissions, offering a pioneering solution to mitigate N2O (nitrous oxide) emissions, a potent greenhouse gas with 265 times the global warming impact of carbon dioxide. NTWO OFF aims to promote agricultural practices that are both environmentally friendly and economically viable. Plantify Foods Inc. (TSX.V: PTFY), Save Foods’ minority owned Canadian subsidiary listed on the TSXV, offers a wide range of clean-label healthy food options that are nutritious, gluten free, non-allergenic, use whole natural ingredients, and are easy to prepare. For more information, visit the company’s website at https://savefoods.co.
NOTE TO INVESTORS: The latest news and updates relating to SVFD are available in the company’s newsroom at https://ibn.fm/SVFD
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