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Eshbal Functional Food Inc. ( (TSE:ESBL) ) has provided an update.
Eshbal Functional Food Inc. has signed a binding Letter of Intent to acquire Gluten Free Nation, a Texas-based company specializing in gluten-free baked goods, as part of its North American growth strategy. This acquisition aims to expand Eshbal’s product offerings and leverage GF Nation’s sales and distribution channels. Additionally, Eshbal has launched a formal investor relations program with Fairfax Partners Inc. to enhance its visibility in the investor community, appointing Anat Shuhami as Head of Investor Communications.
More about Eshbal Functional Food Inc.
Eshbal Functional Food Inc. is a developer and manufacturer of health-focused food and nutraceutical products, specializing in gluten-free, vegan, low-carb, and sugar-free solutions. The company serves a diverse mix of industrial, foodservice, and retail clients in Israel and abroad, and is expanding its presence in the North American market.
Average Trading Volume: 18,372
Current Market Cap: C$5.19M
See more insights into ESBL stock on TipRanks’ Stock Analysis page.