Edible Garden Continues Pursuit of Narayan Acquisition; Potentially Expanding Global Growth Opportunities and Positioning for Long-Term Success
Edible Garden (Nasdaq: EDBL) announced its continued pursuit of acquiring Narayan Group, a leading European producer of organic coconut and superfood products. The potential acquisition aims to expand Edible Garden's international footprint and enhance supply chain efficiencies across North America and Europe.
If completed, the acquisition would integrate Narayan's organic product lines into Edible Garden's North American distribution platform, expanding their portfolio of nutrient-dense, plant-based nutrition offerings. The move aligns with the company's Zero-Waste Inspired® mission, promising enhanced supply chain transparency and reduced environmental impact.
Additionally, the company announced 'The Future of Food' event during Natural Products Expo West® 2025, featuring James Beard Award-winning Chef JJ Johnson. The event, scheduled for March 5, 2025, in Anaheim, CA, will showcase culinary innovations using Edible Garden's sustainable ingredients. The company will also display its Pickle Party, Pulp, and Squeezables product lines at Booth #5499A.
Edible Garden (Nasdaq: EDBL) ha annunciato il suo continuo impegno nell'acquisire Narayan Group, un produttore europeo leader di prodotti biologici a base di cocco e superfood. L'acquisizione potenziale mira ad espandere la presenza internazionale di Edible Garden e a migliorare l'efficienza della catena di approvvigionamento in Nord America e in Europa.
Se completata, l'acquisizione integrerebbe le linee di prodotti biologici di Narayan nella piattaforma di distribuzione nordamericana di Edible Garden, ampliando il loro portafoglio di offerte nutrizionali vegetali ricche di nutrienti. Questa mossa è in linea con la missione Zero-Waste Inspired® dell'azienda, promettendo maggiore trasparenza nella catena di approvvigionamento e un ridotto impatto ambientale.
Inoltre, l'azienda ha annunciato l'evento 'Il Futuro del Cibo' durante il Natural Products Expo West® 2025, con la partecipazione dello Chef vincitore del James Beard Award, JJ Johnson. L'evento, previsto per il 5 marzo 2025, ad Anaheim, CA, presenterà innovazioni culinarie utilizzando ingredienti sostenibili di Edible Garden. L'azienda esporrà anche le sue linee di prodotti Pickle Party, Pulp e Squeezables allo Stand #5499A.
Edible Garden (Nasdaq: EDBL) anunció su continuo esfuerzo por adquirir Narayan Group, un productor europeo líder en productos orgánicos de coco y superalimentos. La posible adquisición tiene como objetivo expandir la huella internacional de Edible Garden y mejorar la eficiencia de la cadena de suministro en América del Norte y Europa.
Si se completa, la adquisición integraría las líneas de productos orgánicos de Narayan en la plataforma de distribución de Edible Garden en América del Norte, ampliando su cartera de ofertas de nutrición a base de plantas y ricas en nutrientes. Este movimiento se alinea con la misión Zero-Waste Inspired® de la compañía, prometiendo una mayor transparencia en la cadena de suministro y un menor impacto ambiental.
Además, la compañía anunció el evento 'El Futuro de la Comida' durante el Natural Products Expo West® 2025, con la participación del Chef galardonado con el James Beard Award, JJ Johnson. El evento, programado para el 5 de marzo de 2025, en Anaheim, CA, mostrará innovaciones culinarias utilizando los ingredientes sostenibles de Edible Garden. La compañía también exhibirá sus líneas de productos Pickle Party, Pulp y Squeezables en el Stand #5499A.
Edible Garden (Nasdaq: EDBL)은 유럽의 유기농 코코넛 및 슈퍼푸드 제품의 선두 제조업체인 Narayan Group 인수에 대한 지속적인 추구를 발표했습니다. 이 잠재적인 인수는 Edible Garden의 국제적 입지를 확장하고 북미 및 유럽 전역의 공급망 효율성을 향상시키는 것을 목표로 하고 있습니다.
완료될 경우, 이 인수는 Narayan의 유기농 제품 라인을 Edible Garden의 북미 유통 플랫폼에 통합하여 영양이 풍부한 식물 기반 영양 제품의 포트폴리오를 확장할 것입니다. 이 움직임은 회사의 Zero-Waste Inspired® 사명과 일치하며, 공급망 투명성을 높이고 환경 영향을 줄일 것을 약속합니다.
또한, 회사는 2025년 Natural Products Expo West®에서 '음식의 미래' 이벤트를 발표했으며, 제임스 비어드 어워드 수상 셰프 JJ 존슨이 참여합니다. 2025년 3월 5일 캘리포니아 애너하임에서 예정된 이 행사는 Edible Garden의 지속 가능한 재료를 사용한 요리 혁신을 선보일 것입니다. 회사는 또한 부스 #5499A에서 Pickle Party, Pulp 및 Squeezables 제품 라인을 전시할 예정입니다.
Edible Garden (Nasdaq: EDBL) a annoncé sa volonté de poursuivre l'acquisition du Narayan Group, un producteur européen de premier plan de produits biologiques à base de noix de coco et de super-aliments. Cette acquisition potentielle vise à étendre l'empreinte internationale d'Edible Garden et à améliorer l'efficacité de la chaîne d'approvisionnement en Amérique du Nord et en Europe.
Si elle est réalisée, l'acquisition intégrerait les gammes de produits biologiques de Narayan dans la plateforme de distribution nord-américaine d'Edible Garden, élargissant ainsi leur portefeuille d'offres de nutrition à base de plantes et riches en nutriments. Ce mouvement s'inscrit dans la mission Zero-Waste Inspired® de l'entreprise, promettant une transparence accrue de la chaîne d'approvisionnement et un impact environnemental réduit.
De plus, l'entreprise a annoncé l'événement 'L'Avenir de l'Alimentation' lors du Natural Products Expo West® 2025, avec la participation du Chef lauréat du James Beard Award, JJ Johnson. L'événement, prévu pour le 5 mars 2025 à Anaheim, CA, mettra en avant des innovations culinaires utilisant les ingrédients durables d'Edible Garden. L'entreprise présentera également ses gammes de produits Pickle Party, Pulp et Squeezables au Stand #5499A.
Edible Garden (Nasdaq: EDBL) hat seine fortdauernden Bemühungen zur Übernahme der Narayan Group, einem führenden europäischen Hersteller von Bio-Kokosnuss- und Superfood-Produkten, bekannt gegeben. Die potenzielle Übernahme zielt darauf ab, die internationale Präsenz von Edible Garden zu erweitern und die Effizienz der Lieferkette in Nordamerika und Europa zu verbessern.
Falls abgeschlossen, würde die Übernahme die biologischen Produktlinien von Narayan in die nordamerikanische Vertriebsplattform von Edible Garden integrieren und das Portfolio an nährstoffreichen, pflanzenbasierten Ernährungsangeboten erweitern. Dieser Schritt steht im Einklang mit der Zero-Waste Inspired®-Mission des Unternehmens und verspricht eine verbesserte Transparenz der Lieferkette sowie eine reduzierte Umweltbelastung.
Darüber hinaus kündigte das Unternehmen die Veranstaltung 'Die Zukunft der Lebensmittel' während der Natural Products Expo West® 2025 an, bei der der mit dem James Beard Award ausgezeichnete Koch JJ Johnson teilnehmen wird. Die Veranstaltung, die für den 5. März 2025 in Anaheim, Kalifornien, geplant ist, wird kulinarische Innovationen mit den nachhaltigen Zutaten von Edible Garden präsentieren. Das Unternehmen wird auch seine Produktlinien Pickle Party, Pulp und Squeezables am Stand #5499A ausstellen.
- Potential international market expansion through Narayan acquisition
- Integration of established organic superfood product lines
- Expected operational cost reduction through vertical integration
- New revenue stream opportunities in North American market
- Acquisition not yet completed - uncertainty in deal closure
- Integration costs and challenges not disclosed
- Financial terms of acquisition not specified
Company to Host Exclusive ‘The Future of Food’ Event During Natural Products Expo West® 2025 With Culinary Advisor & James Beard Award-Winning Chef JJ Johnson; Narayan to Share Global Perspective of Flavors
BELVIDERE, NJ, March 04, 2025 (GLOBE NEWSWIRE) -- Edible Garden AG Incorporated (“Edible Garden” or the “Company”) (Nasdaq: EDBL, EDBLW), a leader in controlled environment agriculture (CEA), locally grown, organic, and sustainable produce and products, today announced its continued pursuit of acquiring Narayan Group, a leading European producer of organic coconut and superfood products. This acquisition, if completed, is expected to commercialize the relationship between Edible Garden and Narayan, expanding access to cleaner, better-for-you ingredients across North America and Europe while enhancing supply chain efficiencies.
In addition, Narayan will be part of “The Future of Food” event to share a global perspective of flavors, highlighting the rich diversity and innovation in the world of sustainable and organic food products.
“The Narayan acquisition, if completed, will mark a major milestone in Edible Garden’s growth strategy, enabling us to expand our footprint internationally while introducing high-quality, sustainably sourced superfoods to the North American market,” said Jim Kras, CEO of Edible Garden. “Narayan’s vertically integrated supply chain provides greater control over sourcing, production, and distribution, enhancing operational efficiency and reducing costs.”
“By integrating Narayan’s organic coconut and superfood product lines into our North American distribution platform, we aim to expand our product portfolio and cater to the growing consumer demand for nutrient-dense, plant-based nutrition. This move would enhance supply chain transparency and sustainability, aligning perfectly with Edible Garden’s Zero-Waste Inspired® mission to reduce food miles and environmental impact. We believe this acquisition has the potential to significantly strengthen our market position, unlock new revenue streams, and accelerate our ability to deliver cleaner, more innovative food solutions while driving long-term shareholder value.”
In addition, the Company announced that it will host “The Future of Food” event, an exclusive culinary experience led by Edible Garden's culinary advisor & James Beard Award-winning Chef JJ Johnson. The event will take place at The Edible Garden House on Wednesday, March 5, 2025, during Natural Products Expo West® 2025 in Anaheim, CA.
This exclusive event will feature a curated tasting menu crafted by Chef JJ Johnson, showcasing bold, globally inspired flavors using Edible Garden’s fresh, sustainably grown ingredients. Designed to highlight the intersection of culinary innovation and sustainability, the evening will include signature drinks, bites, and vibes, delivering an immersive experience that celebrates the future of food.
“Collaborating with Chef JJ Johnson is an incredible opportunity for Edible Garden to showcase how our fresh, organic, and sustainably sourced ingredients can inspire culinary excellence,” added Mr. Kras. “‘The Future of Food’ is about more than just tasting great food—it’s about demonstrating how sustainability and innovation can redefine the way we eat. Chef JJ’s creativity and commitment to clean, bold flavors align perfectly with our mission to bring better-for-you, flavor-forward food solutions to consumers.”
Edible Garden will also highlight its Pickle Party, Pulp, and Squeezables product lines at Booth #5499A during the Expo, reinforcing its commitment to better-for-you, clean-label condiments that enhance home cooking with bold, innovative flavors.
ABOUT EDIBLE GARDEN®
Edible Garden AG Incorporated is a leader in controlled environment agriculture (CEA), locally grown, organic, and sustainable produce and products backed by Zero-Waste Inspired® next generation farming. Offered at over 5,000 stores in the US, Edible Garden is disrupting the CEA and sustainability technology movement with its safety-in-farming protocols, use of sustainable packaging, patented GreenThumb software and self-watering in-store displays. The Company currently operates its own state-of-the-art greenhouses and processing facilities in Belvidere, New Jersey and Grand Rapids, Michigan, and has a network of contract growers, all strategically located near major markets in the U.S. Its proprietary GreenThumb 2.0 patented (US Nos.: US 11,158,006 B1, US 11,410,249 B2 and US 11,830, 088 B2) software optimizes growing in vertical and traditional greenhouses while seeking to reduce pollution-generating food miles. Its proprietary patented (U.S. Patent No. D1,010,365) Self-watering display is designed to increase plant shelf life and provide an enhanced in-store plant display experience. Edible Garden is also a developer of ingredients and proteins, providing an accessible line of plant and whey protein powders under the Vitamin Way® and Vitamin Whey® brands. In addition, the Company’s Kick. Sports Nutrition line features premium performance products that cater to today’s health-conscious athletes. Furthermore, Edible Garden offers a line of sustainable food flavoring products such as Pulp gourmet sauces and chili-based products. For more information on Pulp products go to https://www.pulpflavors.com/. For more information on Vitamin Whey® products go to https://vitaminwhey.com/. For more information on Edible Garden go to https://ediblegardenag.com/.
Forward-Looking Statements
This press release contains forward-looking statements, including with respect to the potential transaction with Narayan, the Company’s overall profitability and ability to improve its financial results, ability to expand its distribution network and distribution relationships, and performance as a public company. The words “believe,” “expect,” “objective,” “opportunity,” “potential,” “seek,” “will,” “would,” and similar expressions are intended to identify forward-looking statements. These forward-looking statements are subject to a number of risks, uncertainties, and assumptions, including market and other conditions and the Company’s ability to complete the transaction with Narayan and to achieve its growth objectives. The Company undertakes no obligation to update any such forward-looking statements after the date hereof to conform to actual results or changes in expectations, except as required by law.
Investor Contacts:
Crescendo Communications, LLC
212-671-1020
EDBL@crescendo-ir.com
FAQ
What are the expected benefits of Edible Garden's potential Narayan Group acquisition?
When is Edible Garden's 'The Future of Food' event taking place at Expo West 2025?
How would the Narayan acquisition align with EDBL's sustainability mission?
What products will EDBL showcase at Natural Products Expo West 2025?
