Barfresh Shares Pop On Distribution Deal With G&J Pepsi

  • Barfresh Food Group Inc BRFH has entered into a distribution arrangement with G&J Pepsi-Cola Bottlers Inc. (G&J Pepsi). The financial terms were not disclosed.
  • Under the distribution arrangement, G&J Pepsi will purchase Barfresh's Twist & Go product and distribute it to its customers through its chilled distribution network.
  • The arrangement is the result of a pilot program whereby G&J Pepsi successfully tested the operational capability of its distribution network to sell and handle Barfresh products.
  • The arrangement has already started generating revenue for both Barfresh and G&J Pepsi.
  • "Barfresh has been able to attract top-tier distributors looking to add our excellent products to their lineup," said CEO Riccardo Delle Coste.
  • Price Action: BRFH shares are trading higher by 6.74% at $5.50 on the last check Tuesday.
Market News and Data brought to you by Benzinga APIs
Posted In: NewsPenny StocksContractsMarketsMoversTrading IdeasBriefswhy it's moving
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!