Organto Announces Plans to Expand into North America

Initially into the United States, the Largest Organic Foods Market in the World

TORONTO, ON and BREDA, THE NETHERLANDS / ACCESSWIRE / October 5, 2023 / Organto Foods Inc. (TSXV:OGO)(OTCQB:OGOFF)(FSE:OGF) ("Organto" or "the Company"), a leading provider of organic and non-GMO fruit and vegetable products in Europe, today announced that it plans to expand its existing platform and enter the North American market, initially in the US. With its extensive experience in sourcing, distribution, and marketing of organic and non-GMO fruit and vegetable products in a number of European markets, and most recently Asia, Organto plans to leverage its capabilities and enter the US market in late 2023. Organto is in the process of building an experienced team as well as developing strategic partnerships to support this market expansion.

Rients van der Wal, Co-CEO of Organto Foods Inc. and CEO of Organto Europe B.V. commented, "The decision to enter the North American marketplace comes as part of our strategic expansion plan which is focused on leveraging the platform we have built and expand into new markets. Adding North America to our platform will enhance the service we can provide to our strategic supply partners and our international customers, while at the same time leveraging our diverse sourcing, distribution, and marketing expertise. The United States is the largest organic foods market in the world, and with consumers becoming more conscious of their food choices and seeking healthier alternatives, we recognize the immense potential the US market offers, and we are excited to enter this market with our unique value proposition."

Organto is an integrated provider of branded, private-label, and distributed organic and non-GMO fruit and vegetable products serving global demand for healthy and socially responsible foods. Organto operates a strategic and flexible asset-light business model, sourcing products from five continents, and uses its certification, supply chain, marketing, and distribution expertise to bring products to markets across Europe and Asia. Organto markets a number of branded product offerings, including its flagship I AM Organic brand and has realized sixteen consecutive quarters of record revenue growth versus the same quarter in the prior year. Organto's long-term growth strategy is to build an ethics-driven "one-stop-shop" in fresh organic and specialty fruit and vegetable products fueled by a combination of strong internal growth and acquisitions.