Food
Category Archive Food
Highest quality buffalo chicken jerky by Beef Jerky Company
Grass fed grass finished beef jerky online shopping: When it comes to the relative tenderness of jerky, too often the meat becomes too tough. The perfect level of tenderness is a fine line that isn’t too often accomplished, but T.O.P. Chops manages it. Probably the tenderest jerky on this list, it is also the most traditional. While other companies have lines that contain multitudes of flavor profiles, T.O.P. keeps it simple with just four flavors — Original, Teriyaki, Red Chili Pepper, and Sweet & Spicy.
Our trained tasters can’t comment on the stronghold, but they did try 10 sliced beef jerky snacks and five meat sticks. Three of the beef jerkies and two of the sticks tasted very good; the rest were just OK. When it comes to nutrition, the jerkies win, with fewer calories than the sticks and far less fat. How good for you? Jerky is made from lean cuts of beef that are cooked at low heat for a long time, so very little fat makes it into the end product. On the other hand, meat sticks, encased like sausage, have 8 to 13 grams of fat, including 3 to 5 grams of saturated fat. The sticks also have about twice the calories of the jerkies.
Deep and rich with bold, smoky steak flavors of molasses, barley malt, and tamarind. What Makes Our Beef Jerky The Best: USA Grass Fed Grass Finished Beef, Whole Muscle Cuts, Lean Protein, Gluten Free, Natural Ingredients, No Preservatives, Made in Small Batches, Travel Friendly. Serving size 1.5 oz bags. Ingredients: Grass-fed and grass-finished beef, Worcestershire sauce, soy sauce, molasses, brown sugar, natural flavorings, steak seasoning. Discover more details on best peppered beef jerky.
One thing is for sure, eating meat has never been so convenient, tasty or healthy. Equally, this is some premium level stuff available right here, the beef itself is ethically sourced from actual cows, so you can bank on its authenticity. To ensure that a whole lot of flavor is part and parcel of this option, the technique used on the beef is one of a kind. Not only is it slow-cooked, but it is also hardwood smoked to really infuse that flavor. No wonder this product can easily boast of a savory, smoky flavor like no other. Based on that alone, it is incredibly easy to forget that this is a savory snack.
From the very first batch, our jerky has been unique for using only the highest-quality meats. Today, our beef still comes from free-range, grass-fed and -finished cows, sourced from ranches across the United States. Our chicken jerky uses the healthiest free-range chickens – never injected with antibiotics or hormones. Simply put, grass-fed beef and free-range chicken are better for you. They have all the protein, but are leaner, rich with vitamins and minerals, and free of harmful additives and fillers. See more info at https://jawboxjerky.com/.
Hangover recovery drink plus tricks
Looking the best hangover drink? Hangovers are typically a three-in-one suckfest that include dehydration, hormone dysfunction, and a run-down immune system, says Dr. Kapil Sachdeva, M.D., neurologist at Northwestern Medicine’s Central DuPage Hospital. As a result, you experience the classic headache, nausea, dizziness, and indigestion that we’ve all become well-acquainted with through the years.
Do rehydration powders help? Many people also use sports drinks that contain electrolytes or rehydration powders to restore the balance of electrolytes in their bodies. There is no current research about whether or not this is an effective cure for a hangover. Eating breakfast: Low blood sugar levels contribute to some hangover symptoms. Eating in the morning helps regulate blood sugar levels to relieve this discomfort partially. When the body breaks down alcohol, lactic acid levels increase. This causes a drop in blood sugar levels, which can contribute towards a hangover.
Get some carbohydrates into your system. Drinking may lower blood sugar levels, so theoretically some of the fatigue and headaches of a hangover may be from a brain working without enough of its main fuel. Moreover, many people forget to eat when they drink, further lowering their blood sugar. Toast and juice is a way to gently nudge levels back to normal. Read more info on Hangover Remedy.
Excessive drinking can throw off the balance of the chemicals in your blood and cause metabolic acidosis, which is characterized by an increase in acidity. It could be associated with symptoms such as nausea, vomiting and fatigue. In addition to helping reduce certain hangover symptoms, eating a healthy breakfast can provide important vitamins and minerals, which may become depleted with excessive alcohol intake. Although there is no evidence to show that low blood sugar is a direct cause of hangovers, eating a nutritious, well-balanced and hearty breakfast the morning after drinking may help reduce hangover symptoms.
You’re too smart for that. You just need the right preparation. That’s why we offer the MOST comprehensive hangover kit out there–the one you NEED. While it won’t stop you from getting drunk, it will help you feel better the next day! Check out the science below and go buy yours now. We’ll make it simple: The Sunday Mornings Hangover Helper AKA Sunday Mornings Hero Kit is the kit that gives you REAL options. You can take it in the morning to get fast-acting response for getting back into the game–or you can be doubly prepared with the hydrating drink at night, and the powerful pill in the morning! Find even more details at sundaymorninghero.com.
Cindy Lou’s chili lime dry rub at best BBQ rubs and seasonings
Cindy Lou’s chili lime dry rub at BBQ rubs and seasonings: When the turkey is finished brining (see brine recipe), rinse well with cold water and pat dry with paper towels. Place the turkey on a baking sheet to catch the mess. Pour the maple syrup covering the entire exterior of the bird. Next sprinkle Cindy Lou’s Veggie Delight Dry Rub all over the bird. For maximum flavor, work your hands down under the skin of the turkey to get some maple syrup and rub it in. When done sprinkle a light dusting of Cindy Lou’s Voodoo Dry Rub for that extra POP. Stuff the cavity with quartered yellow onions. At this point the turkey is ready to go in the smoker. You can use practically any smoker (even the grill) to cook your Thanksgiving turkey as long as you can maintain a range between about 220° – 250°F using indirect heat. Preheat the smoker/grill and once it is maintaining about 240°F, you are ready to smoke! Place your smoking wood of choice onto the coals. Place the turkey directly on the grate breast side up, or if you want to keep the smoker a little cleaner, you can leave the turkey on the baking sheet. If you are using a smoker that has multiple levels, you can place the bird on a rack to make it easy to transport it to the smoker and then back into the house once it’s finished. We recommend you place a pan on a lower rack to catch the syrup and turkey juices, as they will burn once they hit the diverter plate.
Cover the grill and cook until the temperature of the interior of the tri-tip reaches 120°F for a rare roast, 130°F for medium-rare and 140°F for medium. At this point the meat will take anywhere from 20 to 40 minutes to cook, depending on how hot your grill is, how well done you want it, and the size of the cut. Note that the interior temperature will continue to rise at least 5°F after you take the roast off the heat. Once the roast reaches temperature, remove it from the grill and let it rest, loosely tented with foil, for at least 10 minutes. Slice against the grain and serve. If you are using a gas grill with a top rack, I recommend placing the roast on that rack, with an aluminum tray on the bottom rack underneath to catch the fat drippings. If you are grilling on charcoal or wood, you may want to turn the roast over every few minutes, for more even heating.
Cindy Lou’s Big Kahuna brings the flavors of the tropics to dry rub. We use turbinado sugar, pineapple extract and dried orange peel along with our special spices to give you something we know you will be proud of! Indulge Your Taste buds with Cindy Lou’s! Cindy Lou’s Cowboy “Joe” has a bold campfire flavor with a hint of coffee. It is the perfect rub for beef, poultry and lamb. Cowboy “Joe” is reminiscent of the outdoors with an audacious flavor and is a great finishing rub for red meat. Indulge Your Taste buds with Cindy Lou’s! Read extra info at Online BBQ Rubs and Seasonings Store.
Beer Can Chicken Cooking Directions: Preheat grill to 325 degrees. For the class, we cook on a Kamado Joe (without a heat deflector) and we put an aluminum pan to catch the drippings. For other style barbeques use indirect heat.Remove giblet package from chicken and discard or save for another use. Wash the chicken inside and out and then pat dry with paper towel. Rub liberally with olive oil inside and out and then rub your favorite Cindy Lou rub (We used Veggie Delight and Big Kahuna) liberally over chicken inside and out. Open the can and remove a little less than half of the contents. You can add more rub to the contents if you wish. Insert the can (or you may use the Kamado Joe Chicken Stand like we did in class) into the chicken’s “kazoo” as far as it will go so that the chicken is sitting upright. Next place it on the grill and kick out the two legs to make the bird stationary (like a tripod).
We bring you delicious rubs & BBQ sauces that will have you and everyone you grill for coming back for more! Stick with our great tasting rubs, or taste one of our specialty sauces the next time you grill steak, chicken, pork, fish or vegetables. Indulge your passion for the grill with Rubs and More’s collection of rubs, sauces, seasonings, BBQ recipes, tips, techniques, and much more. Plus, for finger-licking good meats and veggies, Rubs and More features Cindy Lou’s Dry Rubs – an absolute necessity as you reach for grilling glory! Find even more details on https://www.rubsandmore.com/.
Cleanse & Detox food supplements
Looking for UK made immune system food supplements? Here are some advices about how to get a better health by using natural food supplements.
Fish oil is known for delivering omega-3s. These are essential fats your body can’t make on its own, so you have to get them from your diet. Even if you eat fish one to two times per week, you won’t be taking in enough omega-3s to meet your body’s needs. By taking a high-quality fish oil supplement, you can reduce triglycerides, lower your risk of heart disease, improve recovery from exercise, protect your brain health and potentially lower your risk of diabetes. Omega-3s may even help with losing body fat. When choosing a supplement, look for brands that provide a minimum of 2 grams of EPA and DHA (two of the three amino acids in omega-3s) daily.
Blackcurrant: Another Super Fruit due to it’s wide array of beneficial phytonutrients. During World War 2, the blackcurrant was used as a replacement for oranges and other fruits rich in Vitamin C as they were hard to come by in the United Kingdom. Blackcurrant fruit is extraordinarily rich in Vitamin C and far superior to navel oranges – containing more than three times as much as an orange. It also contains a good amount of calcium, potassium, phosphorus, iron and vitamin E. Blackcurrants are a great food for increasing energy and the seeds are rich in unsaturated fatty acids. Packed with Antioxiants (anthocyanins, a type of polyphenol) and Phytonutrients, a recent scientific study has revealed that the natural chemicals and compounds found in blackcurrants may help balance the impact exercise can have on the body. Discover extra info at Buy Health Supplements UK.
Everyone wants to know if supplements can help. It’s a good question. Here’s where we stand today — but you should keep an eye out for new results, since recommendations will change as scientific studies trickle in. Unfortunately, in most cases, the studies have failed to confirm our hopes, though there are exceptions. Many people take supplements in the belief that they will preserve health or ward off illness; many others use supplements in an attempt to treat specific conditions that have already developed. We’ll have a look at popular supplements in both categories, starting with preventive supplements used principally by healthy people.
We are UK-based and our products are manufactured in the UK under GMP (Good Manufacturing Practice) and ISO 9001 standards so are quality assured. Our organic range is also Soil Association certified. We offer our customers excellent value for money, through a combination of quality and competitive pricing as well as always offering our customers an unrivaled customer experience. We take great care in our choice of who we work with, always aiming to offer our customers best value all without compromising on quality. Read more details on vitasharks.com.
Turkish traditional handmade snack box online shopping
Many individuals are working far away from their countries and they would like to have things to remember them about their home country.For all turkish people around the world there is this family that ships traditional handmade food , with authentic taste, or handmade turkish crafts to anyone anywhere in the world. Would you like to taste an authentic assorted baklava? Gourmeturca is like a family you left behind and that will send you a nice wrapped box with something good your grandma did for you.
Every turk deserves a family in Turkey even if he lives far away and he doesn’t has anyone left in Turkey. It must feel lonely without your home rituals, traditions and culture right ? The people at Gourmeturca want to be like a family to you. Do you want something from Turkey that you can’t find where you live now? Tell them and they will search for it in Turkey and find it for you. They won’t send you garbage or poor quality stuff, they will only send you things that they would gift to their family. You are in their family now.
A list of Turkish sweets and desserts would not be complete without the king of them all, which is baklava. Made from a simple combination of crispy filo pastry, chopped nuts and soaked in a sweet, sticky syrup, baklava is ideal as either a dessert or sweet snack. Sometimes served with a healthy dose of ice cream, the variety of nuts used differs from region to region. Gaziantep, a South-eastern province is famous for their use of pistachio nuts and production of what many say is the best Turkish baklava in the country.
Gourmeturca.com Motto: Always best. Always fast. We never ship something that a family member wouldn’t send their folks. When someone needs something from Turkey, we act like a family member of them. We find whatever they need, we ship wherever they are. With the best way and the fast way. Get your pistachio sultan baklava from us today!
Cezili Sucuk and Pestil: This is a unique and delicious dessert that is fun to eat and fun to make! Dried fruits and walnuts are laced on a string and dipped in thick, unsweetened grape must (the squished grape juice that still includes skins and pulp). These strings are then left to dry in the sun. They often look like candles or a sausage due to the grape must’s opaque finish. Revani: Known by many names in various countries, this sweet cake made from semolina and soaked in syrup is a favorite among Turkish cuisine lovers. Orange flower water is often added. Chopped pistachios top this dessert for a rich finish.
We do not just sell products. We are sending the hospitality, flavors, culture of Anatolia to different places all over the world. So we are culture ambassadors. We get excited every day when we are going to office just to know how many people from different countries we will reach at the day. Our priority is to make you happy. And don’t forget we offer a $25 discount on your first order!
FAYA International and Electronic Commerce Inc.
gourmeturca.com
Turkey Head Office : Barbaros Mahallesi Karanfil Sokagi Varyap Meridian A Blok Villa 1, 34746 Atasehir/Istanbul
United States Office : 17702 Mitchell North, Irvine, CA 92614
Whatsapp: +905318190048
Phone: +902162323030
Best nespresso machines
I will review some of the best latte machines. Another De’Longhi creation is the 15 Bar Pump Espresso and Cappuccino Maker. It is a bestseller in the field of semi-automatic espresso machines. What sets De’Longhi’s model EC155 apart is its 15 bar pressure pump. This means optimal brewing pressure is used to make your espresso. It comes with a small built-in tamper and a frothing wand. This model is suitable for those who want to experiment on getting an espresso machine, but are not serious or knowledgeable enough to get a more expensive automatic machine.
DeLonghi ESAM3300 Magnifica Super-Automatic Espresso/Coffee Machine : Even though one user admits, “This is by far the most expensive coffee/espresso/cappuccino machine I have bought,” they “don’t regret it for a single moment.” Like many, this person believes the ease of this machine makes it worth the price. “The machine is super-easy to operate — no grinding, filling espresso cup or filter, operating messy frothing nozzles, etc. All I need to do is pouring coffee beans, selecting flavors/strengths, filling water tank, and pushing the desired buttons.” The built-in grinder is mentioned in dozens of reviews as a standout. “I worked in so many coffee shops over the years and always wanted a nice machine at home,” one reviewer writes. “The problem was I didn’t want to spend $400 on a good burr grinder. This amazing machine comes with one inside the machine!” Another says the “best part is it’s super-customizable, and all you have to do is drop fresh beans in and it does the rest.” Another happy user appreciates having “no problem grinding any type of bean”: “We use very oily, dark-roast beans which often cause problems with grinders, but with the Magnifica it’s been a minor issue.”
Best Large Capacity: Capresso Perk 12-Cup Percolator: This 12-cup coffee maker is great for families who want more than just a cup or two of coffee, or for serving a cup after a dinner party, but it can also brew as little as 4 cups when you don’t need a full pot. It’s made from stainless steel and has an automatic keep-warm function, so you can get the pot set up before dinner and it will wait until guests are ready for their after-dinner brew. If you need a second round of coffee, this brews a pot in less than a minute. This makes it easy to set up, since there are markings inside for coffee and water amounts, so you don’t need to measure. When it’s time to serve, the cord is detachable, so it won’t get in the way, and the spout is designed to be drip free. This should be hand washed.
The Essenza Mini is small and mighty, capable of making the same ristrettos, espressos, and lungos as any other Nespresso machine in its line. Its slim, attractive frame can fit in even the smallest kitchen, and its simplicity makes it the easiest Nespresso machine to use and clean. Don’t be bamboozled by the wide array of machines that make you pay hundreds of dollars more for features that won’t make your coffee taste any better, such as Bluetooth technology or a latte art wand. The Essenza Mini offers the most bang for a still-sizable buck. Interested to buy affordable espresso machines? See more details on percolator coffee maker.
Nespresso D121-US4-BK-NE1 Espresso Maker with Aeroccino Milk Frother: This user-friendly Nespresso machine makes brewing a cup of espresso or other milk-based coffees convenient and easy. It features two programmable buttons that you can use to make Lungo or Espresso drinks. It comes with automatic flow-stop for a perfectly sized cup. You can also customize to your desired volume. The drip tray can be adapted to accommodate taller cups. In addition, the CitiZ&Milk comes with an integrated Aeroccino milk frother, so that you can create all sorts of milk-based recipes.
The full tips book to coffee
Let’s discuss about coffee, coffee types and flavors. Caffe Americano: You can make this type of coffee quite simply by adding hot water to a shot of espresso coffee. It has been said that American soldiers during the Second World War would make this type of coffee to make their beverages last longer. It was then (apparently) adopted by American baristas after the war. Cafe Latte (or Cafe au lait) : A fairly popular option for coffee drinkers, a latte consists steamed (or scolded) milk and a single shot of coffee. It is usually quite frothy, and you’ll occasionally encounter cafes that don’t understand the difference between this and a flat white.
Arabica beans account for a majority of the coffee produced and sold in the world today. And, the account for about 60% of the world’s coffee consumption. They’re generally considered to be of a higher quality than the other bean types and are grown predominantly in Latin America.
First off, let’s dispel some confusion about these terms. If you’ve been dabbling in the coffee community for awhile, you’ve likely come across them before but might not know exactly what they are referring to. A coffee’s “variety” is a classification term that identifies a specific subspecies or genetic makeup of the coffee plant. The term “varietal” is used for the resulting brew or product that comes from a singular variety of coffee. Among coffee varieties there are original (naturally occurring) varieties, Sub-varieties, mutations, interspecific hybrids, and infraspecific hybrids. If you’re into botany, going further will likely be pretty interesting, but it may just seem like a bunch of nonsense to other people. So know that you don’t really need to be familiar with every single variety to buy good coffee.
Espresso – Espresso is the base for other coffee drinks and is prepared by forcing nearly boiling water into tamped fine ground coffee under pressure. The result is thus a concentrated liquid of dissolved and suspended flavors of coffee with a little crema on top. The size of a basic espresso is 25 ml which can be further classified as single, double or triple shot(25 ml,50 ml or 75 ml) according to the strength required. As it was further stated, it is the base of other coffee beverages like; Cappuccino, Latte, Mocha, Macchiato and Americano. Espresso gained its popularity in the 1980s but at that time it was just available in the stores only. Lately, home brewing equipment were made to ease the coffee lovers have their favorite drinks at home. Now days, many equipment are available online as well as in the stores. See extra details on The Best Coffee.
Mobile Kitchen For Rent
Food Trailers are generally cheaper, giving access for a lower entry price into the world of mobile kitchens. Food trailers generally carry more storage space. In a food truck the generator is almost always built inside the kitchen space, on a food trailer the generator is place on the tongue, allowing for more interior space inside the food trailer.
Food trailers are ideal for events or areas where they can be stationary for long periods of time. Food trailers have various size options and will offer more storage and cooking space than food trucks. Companies and institutions planning renovations to their kitchen facilities, or facing unexpected interruption of service should look for mobile kitchen rental solutions. From single production kitchens to full service industrial kitchens to custom built units and beyond, or if you need customized equipment to meet UNIQUE food service requirements or a completely custom designed work space for a long-term operation, there is always a rental solution that is cheaper and faster.
Temporary Kitchens 123 is US #1 service provider of mobile kitchen for rent services. Trailers come in various sizes and can be customized with state of the art appliances to fit your specific mobile kitchen for rent needs. Everything you have in your existing kitchen we have in ours. All mobile kitchen for rent units has fire suppression systems, non-slip aluminum diamond plate flooring, stainless steel surfaces and more which are NSF approved. Easy cleanup. Contact one of our sales representatives now for more information on mobile kitchen for rental and receive a quote today. See more info on mobile kitchen for rent Sacramento.
When you try to find a commercial kitchen or temporary kitchen for rent, check the large range of equipment readily available that feature comfortable work tables, deep fryers, commercial mixers, deck stoves, stove, commercial stoves, etc. Another crucial thing to note is the lights and style, a lot of give least importance to these 2; however one must understand that good lights makes the cook to prep appealing meals and the great design will certainly assist the kitchen drivers to function successfully. You need to search for kitchen rentals that have ample storage room. Colleges and universities would ask for a large storage space to save the meals items that are made use of for the day-to-day food preparation.
You could attempt anything beginning from cookies to breads or from breads to pastry shop items. Seeking a good commercial kitchen rental company is the best choice to make your activity simple and lucrative. Exactly what kind of food you prep and just how much is the food preparation time are the two crucial elements you need to take into consideration prior to trying to find a commercial kitchen rental firm. Examine whether the Portable Kitchen For Rent in Los Angeles, Mobile Kitchen Rental in Los Angeles, Commercial Kitchen Facility Rental in Los Angeles including Modular Kitchen Facility Rental in Los Angeles which you intend to rent has all the required equipment or else you need to spend money from your pocket to purchase them. You don’t need to maintain any one of the equipment for example the repair and substitute will certainly be taken care by the rental firm. You are only responsible if you damage any equipment due to your very own oversight. Most importantly, there is no problem on you to take the obligation of the permit certificate, wellness inspection and other red tape that are essential to own and maintain a commercial kitchen. See more details at mobile kitchen Los Angeles.
Mobile kitchens come in many different sizes and configurations, from massive trailers to skid kitchens to container units. You select the size and style you need for your space, then Temporary Kitchens 123 team will provide options that work according to your specifications.
Mobile kitchen trailers from suppliers like Temporary Kitchens 123 are completely customizable. They can be set up with whatever your staff needs to store, prepare, cook and serve meals as they normally would in the regular kitchen facility. Trailers can even include heaters and A/C units to keep the workers comfortable. A unit can also be set up to run on gas, propane or electricity, though the client is responsible for supplying power and hookups.
Before you commit to renting a mobile kitchen trailer, all the terms will be settled upfront along with any and all costs associated with the lease. If your renovation runs long, Temporary Kitchens 123 will work with you to extend the rental period and let you know exactly how much more it will cost you to keep the unit(s) longer than originally expected.
Temporary Kitchens 123 is the nation’s fastest growing Temporary Mobile Kitchen rental. Kitchens are located across the United States and Canada. Temporary Kitchens units are used by the nation’s largest companies and the world’s greatest chefs. Temporary Kitchens 123 maintains the world’s highest level of safety and engineering standards. Here at Temporary Kitchens 123, we have been providing mobile kitchen rental facilities in the US. We specialize in meeting the demands of large-scale operations, providing facilities that will feed from 5000 to 25000 meals per day depending on our client’s needs. Our facilities are perfect for hotels, hospitals, institutions, schools or other large-scale food service organization. We have even handled temporary kitchen needs for Chef Ramsay’s Kitchen Nightmare television program. All services and equipment we offer are backed by a $1 million certificate of insurance. If you need a mobile kitchen please contact us.
GreenSpace Brands Announces Acquisition of US Based Galaxy Nutritional Foods, Owners of the Go Veggie Brand
GreenSpace Brands Inc. (“GreenSpace”) (TSXV: JTR) is pleased to announce today that it has signed a share purchase agreement dated December 20, 2017 to acquire (the “Acquisition”) all of the outstanding shares of Galaxy Nutritional Foods Inc. (“Go Veggie”), which owns the Go Veggie? brand. Go Veggie is one of the leading cheese alternative brands in the United States with distribution in over 12,000 locations through most major US grocery retailers and natural food chains, along with a growing food service business. The plant based dairy alternative market is one of the fastest growing subsets of the natural food market, but has very few established players. Go Veggie has established itself as one of the preeminent brands in the space with some of the best tasting and award winning products.
Greenspace will be holding a conference call to discuss the details of the transaction on December 21st, 2017 at 9:00 EST. The call will be hosted by Matthew von Teichman, President and Chief Executive Officer. Following management’s presentation, there will be a question and answer session for analysts and investors. To participate in the teleconference, dial (647) 427-7450 or 1 (888) 231-8191 (Toll-free). Callers are advised to call five minutes in advance of the call.
A taped rebroadcast will be available beginning at 11:20 am (EST) December 21st, 2017 until 11:59 pm (EST) on December 28th, 2017. To access the rebroadcast, please dial (416) 849-0833 or 1 (855) 859- 2056 and use the passcode 1289656 followed by the number sign.
Overview of the Acquisition
GreenSpace has agreed to purchase Go Veggie for a total consideration of $17.8 million USD, comprised of $4.5 million USD in cash, $7.62 million USD (approximately $9.81million CAD) in GreenSpace common shares (the “Share Consideration”), and a two year vendor take back loan of $5.72 million USD, carrying an 8.5% coupon. Greenspace will issue 7.16 million Common shares at $1.37 per share as part of the transaction, a 14.2% premium to the closing market price on December 19th, 2017.
GreenSpace will be purchasing Go Veggie from Mill Road Capital, a Greenwich, Connecticut based private investment firm focused on investing in and partnering with publicly traded micro-cap companies. Mill Road will become the largest shareholder of GreenSpace as a result of this transaction. Mill Road Capital has a long history of successfully investing in emerging consumer brands throughout Canada and the United States, and this expertise will help support the GreenSpace team as they navigate the US natural food market and US capital markets.
The Share Consideration will be subject to lock-up and escrow pursuant to which approximately 45% of the Share Consideration shall be locked up for 12 months from the closing date, 5% of the Share Consideration shall be in escrow for 13 months from the closing date and the remaining 50% shall be locked-up for 18 months from the closing date, subject to certain exemptions.
Select highlights of the Acquisition include the following:
Go Veggie adds a profitable pre-existing US platform that will enable GreenSpace to launch its most innovative and unique brands into the US;
The acquisition is expected to add significant gross margin dollars to GreenSpace and improve the overall gross margin profile, as well as add incremental adjusted EBITDA in the short term, with more significant growth in adjusted EBITDA over the long term. Go Veggie recorded revenues of $16.3 million USD for their fiscal year ended March, 31, 2017, with strong gross profit margins of approximately 40%.1
Go Veggie has one of the leading brands in what GreenSpace believes to be one of the fastest growing segments of the natural food industry, plant based dairy alternatives. Galaxy has broad based distribution across the United States and an existing high functioning team; and
GreenSpace believes that by supporting updates and amplifying the brand image of Go Veggie, it will be able to further develop its leadership position in the plant based dairy alternatives vertical in North America;
“We couldn’t be more excited to add Go Veggie to the GSB family of brands. With the acquisition of Go Veggie, we enter our most sought after vertical, plant based dairy alternatives. The addition of Go Veggie adds a profitable pre-existing US platform that will enable us to launch our most innovative and unique brands into the US under the expert leadership of one of the most respected people in the US natural food industry, Rick Antonelli, CEO of Go Veggie” comments Matthew von Teichman, CEO of Greenspace, “This is truly a transformative acquisition for us. We will continue to develop their Canadian sales strategy through the leveraging of our current platform and strategically initiate our US development by leveraging their platform. It’s a win-win and the ideal way for us to get going in the US market”
Rick Antonelli, CEO of Galaxy comments, “We’ve been watching GreenSpace for years and have admired the stable of brands they’ve been able to put together in such a short time. We feel that Go Veggie is a perfect addition to that roster of strong brands and with the potential synergies of our team selling their products, and their team selling our products, there’s a significant long term upside for both. I can’t wait to start presenting GreenSpace’s unique and innovative products to the US market and Go Veggie’s existing retail partners.”
The Acquisition is scheduled to close in January 2018, subject to satisfaction of customary closing conditions and approval of the TSX Venture Exchange. Financo, Inc. has acted as the exclusive advisor to Galaxy and Mill Road.
About GreenSpace
GreenSpace is a Canadian-based brand ideation team that develops, markets and sells premium natural food products to consumers across Canada. Greenspace owns and operates the following brands: Love Child Organics., one of the fastest growing brands in Canada and a producer of 100% organic food for infants and toddlers made with the pure, natural and most nutritionally-rich ingredients; Central Roast, a clean snacking brand that has been one of the leading natural food brands in Canada; Rolling Meadow Dairy, Canada’s leading grass fed dairy product line, delivering premium fluid and cultured products across Canada; Life Choices which features premium convenience meat products made with grass fed and pasture raised meats without the use of added hormones and antibiotics; Kiju, the Canadian market leader in the shelf stable organic juice segment; Cedar , the Canadian leader in cold pressed and gut health fresh juices. All brands are wholly owned and retail in a variety of natural and mass retail grocery locations across Canada.
GreenSpace’s filings are also available at www.SEDAR.com
About GO VEGGIE?
Over 40 years ago Galaxy Nutritional Foods Inc. created the cheese alternative category for health-conscious consumers and is proud to remain America’s leading provider of great tasting cheese-free products. Today, under Galaxy’s new brand GO VEGGIE, the company continues to innovate and offer consumers more healthy cheese-free choices. Across its product portfolio – Vegan, Lactose Free, and Lactose & Soy Free – GO VEGGIE offers 55 products across the United States in a wide variety of formats.
For product information, recipes, and more, visit www.goveggiefoods.com. Follow GO VEGGIE on Facebook, Twitter, Instagram, and Pinterest.
About Mill Road Capital
Mill Road Capital is a private investment firm focused on investing in and partnering with publicly traded micro-cap companies in the U.S. and Canada. The firm has flexible, long-term capital with the ability to purchase shares in the open market, buy large block positions from existing shareholders, provide capital for growth or acquisition opportunities, or execute going-private transactions. The firm has raised approximately $670 million of aggregate equity capital commitments and has offices in Greenwich, CT and the San Francisco Bay Area. Mill Road’s investments in Canada include Ten Peaks Coffee Company, a British Colombia based premium green coffee decaffeinator, PRT Growing Services Ltd., the British Columbia based leader in container grown tree seedlings for replanting forests, and Cossette, the largest full service advertising agency in Canada.
More information can be found at http://www.millroadcapital.com.
Forward Looking Information
Certain statements in this press release may constitute forward-looking statements within the meaning of applicable securities laws. Forward-looking statements include, but are not limited to, statements concerning (i) the Acquisition; (ii) the completion of the Acquisition; (iii) anticipated approvals; (iv) the time to the closings; and (v) results of the completion of the Acquisition. Forward-looking statements generally can be identified by the use of forward-looking terminology such as “outlook”, “objective”, “may”, “will”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, “should”, “plans” or “continue”, or similar expressions suggesting future outcomes or events. Such forward-looking statements reflect management’s current beliefs and are based on information currently available to management. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those contemplated by such statements. Such forward-looking statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements including, without limitation, the risks that: (1) the information provided to GreenSpace by Galaxy turns out to be misleading, untrue or incomplete; (2) the Acquisition may not be completed for any reason whatsoever, including that regulators may not approve the Acquisition; (3) the closings may not occur as scheduled or at all; and (4) GreenSpace may not achieve the results currently anticipated. Although GreenSpace believes that the expectations reflected in its forward-looking information are reasonable, undue reliance should not be placed on forward-looking information because GreenSpace can give no assurance that such expectations will prove to be correct. In addition to other factors and assumptions which may be identified in this press release, assumptions have been made regarding and are implicit in, among other things, the timely receipt of required regulatory approvals. Details of the risk factors relating to GreenSpace and its business are discussed under the heading “Risk Factors” in the preliminary short form prospectus filed on the date hereof and “Risks and Uncertainties Related to the Business” in GreenSpace’ annual information form dated July 18, 2017, a copy of which is available on GreenSpace’ SEDAR profile at www.sedar.com. Readers are cautioned that the foregoing list is not exhaustive of all factors and assumptions which have been used. Forward-looking information is based on current expectations, estimates and projections that involve a number of risks and uncertainties which could cause actual results to differ materially from those anticipated by GreenSpace and described in the forward looking information. The forward-looking information contained in this press release is made as of the date hereof and GreenSpace undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, unless required by applicable securities laws. The forward looking information contained in this press release is expressly qualified by this cautionary statement.
Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This press release does not constitute or form a part of any offer or solicitation to buy or sell any securities in the United States or any other jurisdiction.