Core Viewpoint - Beyond Oil Ltd. has announced a significant repeat order from its exclusive distributor Pilpel Hungary Kft., indicating strong market demand and successful customer adoption of its product in Central Europe [1][2][3]. Group 1: Company Overview - Beyond Oil Ltd. is a food-tech innovation company focused on reducing health risks associated with fried food, lowering operational costs, minimizing waste, and enhancing sustainability [1][7]. - The company's patented technology significantly reduces harmful compounds in frying oil, addressing health concerns linked to reused frying oil, which is common in various food service operations [7]. Group 2: Distribution Agreement and Orders - Pilpel Hungary Kft. has placed an additional order of 21,600 kg of Beyond Oil's product, reflecting strong early demand following the initial rollout [1][2]. - Under the exclusive distribution agreement signed on September 4, 2025, Pilpel committed to a minimum annual purchase of 75,600 kg in 2026, with required volumes increasing over time to maintain exclusivity [3]. Group 3: Market Position and Customer Feedback - Pilpel is a leading wholesaler in the region, supplying over 1,000 foodservice customers and expanding its reach across Central Europe [4]. - Positive customer feedback and strong engagement across multiple foodservice segments have reinforced confidence in Beyond Oil's product and its long-term potential in the market [5].
Beyond Oil Announces Additional Order from Exclusive Distributor Pilpel Following Accelerated Market Adoption in Central Europe
Globenewswire·2025-12-30 13:00