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Industry NewsZoglo’s to acquire Monday Swiss

Zoglo’s to acquire Monday Swiss

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Zoglo’s Incredible Food Corp. has announced that it has signed a non-binding letter of intent to acquire a 50.5 per cent interest in Monday Swiss UK Ltd., a European-based developer and manufacturer of innovative plant-based food alternatives. Monday Swiss’ experience in new product development is reportedly to help ensure that Zoglo’s product portfolio continuously evolves to enable the Company to be a leader in the category in Canada and globally.

Pursuant to the terms of the LOI, Monday Swiss founder, Alon Cahn, will also join Zoglo’s as CEO of its European Operations.

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