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Borealis Foods to exclusively produce a leading global Ramen brand for Major Multinational Food Company in its US factory

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Borealis Foods (NASDAQ: BRLS) has announced a partnership to exclusively produce a leading global ramen brand at its Palmetto Gourmet Foods facility in South Carolina. The agreement, signed with one of the world's largest food and beverage companies, will significantly expand production at the facility. Six new SKUs will be launched nationally in Q1 2025. The partnership involves a ramen brand that is reportedly enjoyed by over a billion people globally.

Borealis Foods (NASDAQ: BRLS) ha annunciato una collaborazione per produrre in esclusiva un marchio di ramen leader a livello globale presso il suo stabilimento Palmetto Gourmet Foods nella Carolina del Sud. L'accordo, firmato con una delle più grandi aziende alimentari e delle bevande al mondo, espanderà significativamente la produzione nella struttura. Sei nuovi SKU saranno lanciati a livello nazionale nel Q1 2025. La partnership riguarda un marchio di ramen che, stando a quanto riportato, è apprezzato da oltre un miliardo di persone in tutto il mondo.

Borealis Foods (NASDAQ: BRLS) ha anunciado una colaboración para producir en exclusiva una marca de ramen líder a nivel mundial en su instalación Palmetto Gourmet Foods en Carolina del Sur. El acuerdo, firmado con una de las mayores empresas de alimentos y bebidas del mundo, ampliará significativamente la producción en la instalación. Seis nuevos SKU se lanzarán a nivel nacional en Q1 2025. La asociación involucra una marca de ramen que se dice que es disfrutada por más de mil millones de personas en todo el mundo.

보레알리스 푸드스 (NASDAQ: BRLS)는 사우스 캐롤라이나에 위치한 팔메토 고메 푸드 시설에서 세계적인 라면 브랜드를 독점적으로 생산하기 위한 파트너십을 발표했습니다. 세계 최대의 식음료 회사 중 하나와 체결된 이 계약은 시설의 생산을 크게 확장할 것입니다. 여섯 개의 새로운 SKU2025년 1분기에 전국적으로 출시될 예정입니다. 이 파트너십은 전 세계적으로 10억 명이 넘는 사람들이 즐기는 라면 브랜드와 관련이 있습니다.

Borealis Foods (NASDAQ: BRLS) a annoncé un partenariat pour produire exclusivement une marque de ramen mondiale de premier plan dans son installation Palmetto Gourmet Foods en Caroline du Sud. L'accord, signé avec l'une des plus grandes entreprises alimentaires et de boissons au monde, va considérablement accroître la production de l'installation. Six nouveaux SKU seront lancés à l'échelle nationale au Q1 2025. Ce partenariat concerne une marque de ramen qui est apparemment appréciée par plus d'un milliard de personnes dans le monde.

Borealis Foods (NASDAQ: BRLS) hat eine Partnerschaft angekündigt, um exklusiv eine führende globale Ramen-Marke in seinem Palmetto Gourmet Foods-Werk in South Carolina herzustellen. Die Vereinbarung, die mit einem der größten Lebensmittel- und Getränkekonzerne der Welt unterzeichnet wurde, wird die Produktion in der Anlage erheblich ausweiten. Sechs neue SKUs werden national im Q1 2025 eingeführt. Die Partnerschaft betrifft eine Ramen-Marke, die Berichten zufolge von über einer Milliarde Menschen weltweit geschätzt wird.

Positive
  • Production expansion through partnership with major global food company
  • Secured exclusive manufacturing rights for a globally recognized ramen brand
  • National launch of six new SKUs planned for Q1 2025
Negative
  • None.

Insights

This manufacturing partnership marks a significant milestone for Borealis Foods, potentially transforming its revenue trajectory. Securing a contract with a major multinational food company validates Borealis' manufacturing capabilities and could substantially boost facility utilization at their South Carolina plant. The launch of six SKUs in Q1 2025 through a brand that reaches over a billion consumers globally presents a major growth catalyst.

The ramen noodle market has seen steady growth, with premium and healthier options gaining traction. This deal positions Borealis to capture a larger share of the $42.6 billion global instant noodle market. Manufacturing for an established brand reduces market entry barriers and marketing costs while leveraging existing distribution networks. The partnership also creates potential for future expansion opportunities and additional SKUs.

Borealis Foods' wholly-owned consumer packaged goods company, Palmetto Gourmet
Foods, takes on production of exclusive line of ramen noodles for a food conglomerate.

NEW YORK, Nov. 13, 2024 /PRNewswire/ - Borealis Foods Inc. ("Borealis" or the "Company") (Nasdaq: BRLS), a food-tech innovator, and creator of the popular high-protein Chef Woo ramen, Ramen Express and Woodles brand of noodles, announced a partnership that will significantly expand production at its wholly owned Palmetto Gourmet Foods facility.

This agreement, signed with one of the world's largest and most diversified food and beverage companies, will add one of the leading global brands of ramen to Borealis Foods' growing portfolio, formulated and produced by Palmetto Gourmet Foods in South Carolina.

"We are proud and excited about this partnership, bringing a leading global ramen brand enjoyed by over a billion people globally to the US market" said Reza Soltanzadeh, Founder and CEO of Borealis Foods. "Our mission has always been to create healthy, delicious food options, and this collaboration allows us to reach new markets with our innovative, U.S.-made products, providing more choices for consumers. This relationship could expand our reach significantly in the next few years as we continue to innovate".

Six new SKUs will be launched nationally in Q1, 2025.

About Borealis Foods:

Borealis Foods (NASDAQ: BRLS) is a pioneering, integrated food manufacturing company with a mission to disrupt and elevate the ready-to-eat meal and dry soup categories by offering premium and super-premium, nutritious products. Known for popular ramen noodle brands like the high protein Chef Woo, Ramen Express, and Woodles, Borealis Foods brings innovative fusion flavors from diverse culinary traditions, creating delicious and nutritious meal options for consumers. With U.S.-based production facilities, the company's portfolio reflects a commitment to quality, innovation, and sustainability.

An essential aspect of Borealis Foods' success is its strategic partnerships with prominent national and international food producers, retailers, and distributors. Serving as an innovation partner to global food leaders, Borealis Foods leverages these collaborations to expand its offerings, enhance technological capabilities, and deliver food products that embody its values of healthy nutrition and innovation.

For more information on Borealis Foods, please visit https://borealisfoods.com.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/borealis-foods-to-exclusively-produce-a-leading-global-ramen-brand-for-major-multinational-food-company-in-its-us-factory-302304693.html

SOURCE Borealis Foods, Inc.

FAQ

When will Borealis Foods (BRLS) launch the new ramen products?

Borealis Foods will launch six new SKUs nationally in Q1 2025.

Where will Borealis Foods (BRLS) manufacture the new ramen products?

The products will be manufactured at Borealis Foods' Palmetto Gourmet Foods facility in South Carolina.

How many new SKUs will Borealis Foods (BRLS) launch under this partnership?

Borealis Foods will launch six new SKUs as part of this partnership.

Borealis Foods Inc.

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