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Save Foods Increases Investment in Plantify Foods to 85,008,698 shares
The Fly

Save Foods Increases Investment in Plantify Foods to 85,008,698 shares

Save Foods announced it purchased an additional 55,004,349 common shares of Plantify Foods, increasing its interest in Plantify to 85,008,698 shares, or 23.13% of its issued and outstanding share capital. David Palach, CEO of Save Foods, Inc., expressed his enthusiasm for this decision, stating, “We believe that Plantify is a promising player in the food industry, known for its dedication to high-quality, sustainable food production and its diligent management team. By reducing the use of pesticides and food waste, Save Foods contributes in a significant way, providing more sustainable and healthier produce, aligning perfectly with Plantify’s mission and core values. Save Foods continues to recognize the potential synergies between the two companies and as such has strengthened its position to become Plantify’s largest shareholder.”

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