Healthier Products/New Product ranges/Global Expansion/Tesco Deal?9 Aug 2023 10:29
Kelso's narrative is that MyP are at the forefront of a healthy eating drive, and the food industry are about to witness a major shift, and this is what all major retailers want, one of the biggest shifts in retail driven by government and importantly institutions.
Some organisations are calling for unhealthy food manufacturers to be treated like Cigarette companies!!
FMCG's will become so desperate for healthy brands, hence why Kelso say MyP will eventually be snapped up by one of the major FMCG's.
Most have missed this link. It's no coincidence Kelso name checks Tesco in one of their latest RNS's!!! And then we have a Tesco account manager role cropping up at THG Lol. Joining the dots is quite easy.
As some have alluded, I reckon MyP has signed some sort of major partnership with Tesco.
Tesco has a very ambitious target to have healthier products by 2025, and it can only achieve this by adopting major brands like MyP.
Once Cereals, Yoghurts, Cheese, pizzas, frozen meals etc all start hitting the shelves soon at Tescos then Globally, MyP becomes a different beast altogether.
Also many may have missed this crucial point, how Institutions invest in ESG compliant companies, major institutions now want to understand the healthy product mix in major retailers! For major retailers like Tescos its not a choice, they have to make the change. For MyP its a win win situation. No wonder they are seizing the opportunity in this major shift, they see whats coming, and quickly introducing a full array of new products under the MyP brand.
Sir Terry Leahy must have opened the doors with any deal with Tesco.
Exciting times ahead, plenty of new products, in major retailers, expanding the range internationally, growth should be tremendous, once all rolled out, and news should be relentless.
BIG Caveat, for LTH's, all this only if THG remains listed!!!
Currently you can buy into all of this for £0, THG Nutrition market value is Nil LMAO
https://www.investegate.co.uk/announcement/rns/kelso-group-holdings--klso/investment-in-thg-plc-update/7629620