Investing.com – Carnivores beware, Beyond Meat expands its plant-based meat substitutes to the European market next year.
The company announced Tuesday that would make its products in the Netherlands as part of a partnership with the Zandbergen Worlds Finest Meat.
Shares of Beyond Meat (NASDAQ 🙂 jumped 7.5% in midday trade after the news. The company's share has risen 241% since it was published in early May.
"Consumer response in Europe has been very positive, and we look forward to better serving these customers with locally produced products," Seth Goldman, executive director of Beyond Meat, said in a statement.
Beyond Meats products are already distributed throughout Europe, but this will mark the first production outside the United States. Fusion Media would like to remind you that the data on this website is not necessarily real-time or accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by stock exchanges, but rather by market makers, and therefore prices cannot be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading. Therefore, Fusion Media has no responsibility for any loss of trade you may incur as a result of using this data.
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