The plant-based food specialist has raised fresh capital and plans to build the largest vegan production facility in Europe. The initial public offering is coming up soon.
In the first nine months of the year, the revenues of the specialist for plant-based foods rose by over ten percent. Above all Veganz could develop its market position significantly by introducing new products.
In a current statement the German firm Veganz GmbH explains that it did not declare insolvency (we reported earlier) but is restructuring the retail stores and focusing on the core business.
In December, the supermarket chain Veganz reported its self-administered insolvency. As the Lebensmittelzeitung (LZ) states, its network of stores is going to be radically slimmed down.
The organic food range of the leading German drugstore dm continues to grow and has now reached around 1000 articles. This was announced by the company based in Karlsruhe at its annual press conference.
The vegan supermarket chain Veganz is cooperating with the food retailer Spar. According to a press report, up to 40 Veganz brand vegan products will be available from now on across the whole of Austria.