Wide Open Agriculture’s (ASX: WOA) chief executive officer Jay Albany joins Small Caps to discuss the company's milestone agreement to distribute its unique product in Europe.

Under a non-binding term-sheet agreement, Ingå Group will become the exclusive distributor of Wide Open Agriculture’s portfolio of lupin-based proteins in Europe.

Ingå is a subsidiary of leading Swedish family owned business Axel Johnson, which specialises in collaborating with partners in areas such as food, energy, health and industry.

Wide Open is looking to leverage Ingå's expansive network and expertise to bring its Buntine Protein to new markets.

Ingå has also agreed to invest $825,000 in Wide Open Agriculture Germany GmbH to support the company's capability expansion in Europe.

Wide Open sees the proposed investment as a significant vote of confidence in the company and its strategy for continued growth across the plant-based sector.

Articles:
https://smallcaps.com.au/wide-open-agriculture-european-distribution-deal-lupin-based-proteins/
https://smallcaps.com.au/wide-open-agriculture-raises-funds-worlds-largest-lupin-protein-producer/

For more information on Wide Open Agriculture:
https://smallcaps.com.au/stocks/asx-woa/

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