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Eat Well Group Announces Closing Of Amara Investment

Eat Well Group Announces Closing Of Amara Investment

11/03/21, 11:30 AM
Eat Well Investment Group Inc. (the “Company” or “Eat Well Group”) (CSE:EWG) (US:EWGFF) (FRA:6BC0) is pleased to announce the closing of the previously announced investment in a preferred equity position in PataFoods, Inc. dba Amara Organic Foods (“Amara”), one of the fastest-growing baby food brands in America, including its option to acquire an additional 29% of the shares of Amara at a USD$100,000,000 valuation for a total acquisition price of USD$29,000,000.

Company Info

Company
Eat Well Group
Additional Info
Eat Well Group is a publicly-traded investment Company primarily focused on high-growth companies in the agribusiness, food tech, plant-based and ESG (environmental, social and governance) sectors. Eat Well Group’s management team has an extensive record of sourcing, financing and building successful companies across a broad range of industries and maintains a current investment mandate on the health/wellness industry. The team has financed and invested in early-stage venture companies for greater than 25 years, resulting in unparalleled access to deal flow and the ability to construct a portfolio of opportunistic investments intended to generate superior risk-adjusted returns. Be the first to hear about new developments, join Eat Well Group’s VIP List.