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11-Dec-2019

Mezzan signs distribution agreement with Beyond Meat

Mezzan Holding Co. (MEZZ.KW) announced that it has signed a distribution agreement with Beyond Meat, a leading US producer of plant-based meat substitutes, to distribute its products in the Gulf region starting with Kuwait and UAE. Earlier last month, Mezzan introduced the company’s best-selling vegan product, Beyond Burger, across supermarkets and restaurants in Kuwait, with an expansion plan across the GCC. Following the release of the burger, the company is also planning to introduce other products, including the Beyond Sausage.  
 
Mezzan Holding: KWD0.55 as of 10 Dec 2019, Rating: Buy, TP: KWD0.56/share, MCap: USD561mn, MEZZAN KK/MEZZ.KW
 

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