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GREENFORCE FUTURE FOOD AG: National soccer player Thomas Müller invests in GREENFORCE

·5-min read

Issuer: GREENFORCE FUTURE FOOD AG / Key word(s): Investment
19.04.2022 / 10:00
The issuer is solely responsible for the content of this announcement.

National soccer player Thomas Müller invests in GREENFORCE

- Company expands investor structure: In addition to management and supervisory board, renowned institutional and prominent private investors are involved

- Financing supports establishment as leading supplier of plant-based food alternatives in Europe

- Dynamic growth at home and abroad continues in 2022

Munich, April 19th, 2022. GREENFORCE FUTURE FOOD AG is getting another prominent investor with 112-time German national soccer player Thomas Müller. In addition to the management and the supervisory board, renowned institutional investors from continental Europe and the USA, as well as prominent private investors, have already invested in the company since the end of 2021, thanks to a successful placement of a capital increase of 15 million euros. The latter include, for example, the German TV presenter and entrepreneur Joko Winterscheidt and the food entrepreneur Michael Käfer, who is well-known in German-speaking countries. The funds generated from these capital measures will enable GREENFORCE to continue on its path to becoming one of the leading providers of plant-based food alternatives in Europe.

Thomas Müller about his investment in GREENFORCE: "I'm excited to become part of the GREENFORCE success story. GREENFORCE gives each of us the opportunity to make our nutrition more sustainable, healthier and yet incredibly delicious. My involvement is to help GREENFORCE become a leader in this future oriented market as quickly as possible."

Investments pave the way to becoming a leading supplier of plant-based food products
The latest financing steps support the climate-neutral company's ambitions to establish itself as a leading supplier of plant-based food alternatives in Europe. The investments will therefore be used primarily to accelerate growth, international expansion and the continued expansion of the future-oriented research and development center in Munich.

Successful expansion of the omnichannel sales concept
GREENFORCE is a vegan food tech company and has been developing, marketing and distributing sustainable meat, fish, egg and dairy alternatives since 2020. With its innovative technology, the first plant-based meat substitute for self-mixing, GREENFORCE aims to change the food industry for good. The company's omnichannel approach in e-commerce and food retailing (LEH) is the guarantee of success for its dynamic growth, which is also planned for 2022. There, the company has grown to over 10,000 point-of-sales in less than 12 months. In addition to vegan Easy-To-Mix products in powder form, GREENFORCE is also selling its first fresh products on supermarket refrigerated shelves.

"We are proud that, in addition to renowned institutional investors, top athletes and popular figures such as Thomas Müller are also enthusiastic about GREENFORCE. Together, we are united by the goal of shaping the food transition towards a more sustainable future," adds Hannes-Benjamin Schmitz, Co-CEO and Board Member of GREENFORCE

International expansion being driven forward as planned
At present, the focus of activity is still in Germany. However, since 2020 GREENFORCE has also been active in Austria and Switzerland (online and offline) and online in the Netherlands and the UK. After the products are already represented in the foodservice and gastronomy sectors in Italy, the launch in other distribution channels in this country is also planned in the near future.

GREENFORCE stands for sustainability and low-emission food alternatives GREENFORCE aims to drive a paradigm shift towards a healthy and sustainable lifestyle through plant-based food. Avoiding the consequences of climate change is a top priority. All products are 100 percent vegan and are manufactured in Germany. For this, the company received the Green Product Award and the PETA Vegan Food Award in 2021. For the production of 100 grams of pea protein, about 48 times less land is needed compared to 100 grams of beef protein, as well as 8 times less water and 113 times less CO2 is emitted. In addition, GREENFORCE is carbon neutral, relies on green logistics and fully offsets unavoidable CO2 emissions through effective climate protection projects.

"With great strides, we are developing GREENFORCE into one of the leading suppliers of plant-based food alternatives in Europe. We want a paradigm shift towards a healthy and sustainable lifestyle. By doing so, we focus on quality, sustainability and avoiding the consequences of climate change. Investors like Thomas Müller are helping us to achieve our goals," explains Thomas Isermann, founder and CEO of GREENFORCE.

About GREENFORCE:
GREENFORCE FUTURE FOOD AG develops and distributes vegan, sustainable food. With its omni-channel strategy, GREENFORCE pursues the vision of becoming Europe's leading plant-based food tech company while making a measurable contribution to global climate and animal protection.

More information here: www.greenforce.com

Press contact:
PEPPERSTARK GmbH
Linda Feller
+49 89 4114 7757
linda.feller@pepperstark.de
Simone Leeb
+49 89 4114 7758
simone.leeb@pepperstark.de

Contact Investor Relations
GFD Finanzkommunikation
Peter Dietz
Tel.: +49 (0)69 97 12 47-33
dietz@gfd-finanzkommunikation.de
Jasmin Dentz
Tel.: +49 (0)69 97 12 47-31
dentz@gfd-finanzkommunikation.de


Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Language:

English

Company:

GREENFORCE FUTURE FOOD AG

Im Tal 12

80331 München

Germany

Internet:

https://www.greenforce.com/

EQS News ID:

1329723


 

End of News

DGAP News Service

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