Smart for Life to Attend Vitafoods Europe 2024: Positioned to Identify Strategic Partnerships and Potential Acquisitions
10 Maggio 2024 - 2:00PM
Smart for Life, Inc. (Nasdaq: SMFL) (“Smart for Life” or the
“Company”), a distinguished leader in the Health & Wellness
sector specializing in the marketing and manufacturing of
nutritional supplements and foods, today announced its
participation in Vitafoods Europe 2024, scheduled to take place in
Geneva, Switzerland from May 14 to 16, 2024.
Vitafoods Europe is a premier event in the
nutraceutical industry, typically attracting over 25,000 industry
experts, and is renowned for its spotlight on the latest
advancements and trends shaping the future of health and wellness.
Smart for Life's presence at Vitafoods Europe signifies a
meaningful opportunity for the company to explore strategic
partnerships and potential acquisitions, further cementing its
position as a pivotal player in the sector.
As part of the event, Smart for Life’s recently
appointed board member, Heather Granato, a renowned nutraceutical
industry member and the president of Women In Nutraceuticals, will
be a speaker at Vitafoods Europe on Thursday, May 16. She will join
a panel of industry experts sharing valuable perspectives on the
evolving landscape for women’s health products in the nutraceutical
industry, and the role of women in leadership and science to
driving innovation and growth.
“With an unwavering commitment to driving
innovation and excellence in the nutraceutical landscape, Smart for
Life aims to establish partnerships that not only enhance our
product offerings but also deliver substantial value to consumers
and stakeholders alike,” stated Darren Minton, CEO of Smart for
Life. “We are pleased that Heather Granato has been selected as a
speaker at Vitafoods Europe 2024, and we believe our participation
at the event underscores our steadfast dedication to fostering
positive transformation within the nutraceutical industry. We look
forward to engaging with industry leaders and exploring potential
opportunities that drive engagement and collaboration.”
Companies interested in scheduling meetings with
Smart for Life during Vitafoods Europe are encouraged to reach out
directly to arrange appointments.
For media inquiries or to schedule interviews
with Smart for Life representatives, please contact:
media@smartforlifecorp.com.
About Vitafoods Europe
Vitafoods Europe attracts over 25,000 industry
experts from over 130 countries, offering fantastic opportunities
for networking, collaboration and innovation in the nutraceutical
industry. Operating since 1997, the trade show hosts live editions
annually in Geneva at Palexpo. It offers the perfect platform for
businesses to thrive and forge long term collaborations, enrich
their understanding and initiate critical conversations around the
most pressing issues concerning the health and nutrition industry.
To learn more, please visit: www.vitafoods.eu.com
About Smart for Life, Inc.
Smart for Life, Inc. (Nasdaq: SMFL) is engaged
in the development, marketing, manufacturing, acquisition,
operation and sale of a broad spectrum of nutritional and related
products with an emphasis on Health & Wellness. Structured as a
publicly held holding company, the Company is executing a
Buy-and-Build strategy with serial accretive acquisitions creating
a vertically integrated company. To drive growth and earnings,
Smart for Life is developing proprietary products as well as
acquiring other profitable companies, encompassing brands,
manufacturing and distribution channels. The Company recently
concluded the execution of a restructuring plan including
recapitalization of the Company with equity and debt financings,
the sale of certain non-performing assets, the sale and leaseback
of the Company’s 18,000 sq. ft. Doral manufacturing facility and
the successful liquidation of the Company’s senior debt facility.
In addition, the Company converted substantial debt obligations to
equity materially improving the Company’s balance sheet. The
Company has signed a definitive agreement for the acquisition of
Purely Optimal Nutrition, which is expected to add additional
revenue and EBITDA. For more information about Smart for Life,
please visit: www.smartforlifecorp.com.
Forward-Looking Statements
This press release may contain information about
our views of future expectations, plans and prospects that
constitute forward-looking statements. All forward-looking
statements are based on management’s beliefs, assumptions and
expectations of Smart for Life’s future economic performance,
taking into account the information currently available to it.
These statements are not statements of historical fact. Although
Smart for Life believes the expectations reflected in such
forward-looking statements are based on reasonable assumptions, it
can give no assurance that its expectations will be attained. Smart
for Life does not undertake any duty to update any statements
contained herein (including any forward-looking statements), except
as required by law. No assurances can be made that Smart for Life
will successfully acquire its acquisition targets. Forward-looking
statements are subject to a number of factors, risks and
uncertainties, some of which are not currently known to us, that
may cause Smart for Life’s actual results, performance or financial
condition to be materially different from the expectations of
future results, performance or financial position. Actual results
may differ materially from the expectations discussed in
forward-looking statements. Factors that could cause actual results
to differ materially from expectations include general industry
considerations, regulatory changes, changes in local or national
economic conditions and other risks set forth in “Risk Factors”
included in our filings with the Securities and Exchange
Commission.
Disclaimer
The information provided in this press release
is intended for general knowledge only and is not a substitute for
professional medical advice or treatment for specific medical
conditions. Always seek the advice of your physician or other
qualified health care provider with any questions you may have
regarding a medical condition. This information is not intended to
diagnose, treat, cure or prevent any disease.
Investor Relations Contact
Crescendo Communications, LLCTel: (212)
671-1021SMFL@crescendo-ir.com
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