Save Foods Announced That Plantify Foods Has Secured A New Retailer, Expanding Plantify's Footprint Within Its Local Market Of Israel. Plantify Foods Is A Subsidiary That Is Owned 23% By Save Foods
Portfolio Pulse from Benzinga Newsdesk
Save Foods announced its subsidiary, Plantify Foods, which it owns 23% of, has secured a new retailer, expanding its market presence in Israel. This development could enhance Save Foods' market position and financial performance.
March 04, 2024 | 12:25 pm
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Save Foods' subsidiary, Plantify Foods, has expanded its market presence in Israel by securing a new retailer. This could positively impact Save Foods' revenue and market position.
The expansion of Plantify Foods in Israel through a new retailer partnership directly impacts Save Foods due to its 23% ownership. This development is likely to enhance the company's revenue streams and strengthen its market position, leading to a positive short-term impact on its stock price.
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