Core Perspective - Planet Based Foods Global Inc. (PBFG) is undergoing a fundamental transformation of its business model to become a leader in sustainable food systems and agri-tech [1][2] Business Model Transformation - The company has shifted from a focus on consumer-packaged food products to a model that integrates agriculture, technology, and sustainability to tackle food security and supply chain challenges [2] - PBFG has completed a restructuring process that includes divesting its U.S. consumer packaged goods subsidiary and returning over 1.4 million shares to treasury [3] Organizational Structure - PBFG now operates through two divisions: - PBF Tech, which focuses on climate-adaptive technologies and agri-tech solutions to enhance efficiency and resilience in food systems - PBF Trade, which aims to create sustainable supply chains by connecting producers, particularly women-led cooperatives, to global markets [4][5] Strategic Vision - The company aims to create long-term value for shareholders while positively impacting communities and the environment, emphasizing food security, climate action, and collaboration with Indigenous communities and government [6][7] Shareholder Engagement - PBFG will host a Shareholder Connection Webinar on September 16, 2025, to discuss the transformation and upcoming priorities, enhancing transparency and communication with investors [8] Company Overview - Planet Based Foods Global Inc. is focused on sustainable ingredients, plant-based solutions, and agricultural technology, promoting environmental stewardship and scalable impact in the food industry [9][10]
Planet Based Foods Global Inc. Announces Strategic Transformation and Strengthened Financial Foundation
Newsfileยท2025-09-05 14:50