The news from 49 vegan publishers and animal rights charities are automatically posted here
News feed updated every 5 minutes

Veganz Group Announces it is Preparing For IPO

October 13, 2021
From Vegconomist

Veganz Group Announces it is Preparing For IPO – vegconomist – the vegan business magazine

  • October 13, 2021


    Voiced by Amazon Polly

    German plant-based brand has revealed it is planning an IPO, which will see its shares trade on the of the Frankfurt Stock Exchange within a few months.

    New shares from a capital increase will be included, as well as existing shares from some shareholders. The company is hoping for proceeds of around €35 million to help it establish a new production site and invest in research and development, marketing, and expansion.

    Veganz currently has 120 plant-based products across 17 categories, including alt-protein, ready meals, breakfast items, snacks, and sweets. Last year, its as it .

    The company’s products are now available in half the countries in Europe, including several major supermarket chains. It has also expanded into the and .

    Veganz cheese

    “With ten years of experience, Veganz is a ‘first mover’ in the plant-based food market. Under the slogan ‘Eating for the climate!’ we believe to offer a highly innovative product range that is able to satisfy consumers’ needs from breakfast to dinner. We also believe that none of our competitors has a comparably broad range as we do,” said Jan Bredack, founder and CEO of Veganz.

    He added, “We see a positive momentum for purely plant-based food products driven by several trends like the rising consciousness of food sustainability and for animal welfare. But also the aging of younger generations plays an important role since the number of vegetarians and vegans as well as flexitarians is particularly high in the younger generation. Therefore, we believe that we have multidimensional growth potential and that now is the right time for Veganz to go public.”

    Discuss In The Forum


    PETA-Certified Vegan T-shirts ★ Free Shipping

    Meat is murder
    Vegan all star. Defend animals
    Meat is murder
    Vegan hooligans
    No cages - no gods - no masters
    Vegan as fuck
    Eating meat is fucking up the planet
    Vegan militance saves lives
    As long as there are slaughterhouses there will be battlefields (Leo Tolstoy)

    vegan shirts

    All content sourced from external websites. Opinions are those of the contributors and are not necessarily endorsed by or its partners. [Disclaimer]