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Holista signs US$6M MOU to supply Low-GI Noodle Mix to Wing's of Canada

Fri, 16 Feb 2018 07:33:05 GMT

(PR-inside.com) BUFFALO, NY and PERTH, AU, Feb 15, 2018 - Holista CollTech Ltd (Holista; ASX: HCT) is pleased to announce that group company Holista Foods Inc. (Holista Foods) has signed a 3-year MoU to supply its patented low glycemic index (GI) mix to Ontario-based Wing's, North America's leading noodle supplier. The MoU marks Holista's entry into the noodle market, and is expected to have a significant impact on revenue from the present fical year. Pursuant to the MoU, sales of US$6 million are expected for fiscal 2018, projected to increase to US$12 million in 2019 and to US$25 million in 2020. Buffalo, NY-based ..