Just will go public, but no timeline has been set for the IPO, according to the company's CEO, reports Bloomberg. The company believes Beyond Meat's IPO attracted attention and investors to the plant-based market. "Beyond Meat's IPO was 'a great thing,'" CEO Josh Tetrick says. "When we raise capital, it attracts investors to the space, and when others have really successful IPOs, like Beyond Meat did, it brings more attention to everyone."
Just introduced a liquid egg substitute in 2018 sold in restaurants and grocery stores across the U.S. and entered the Chinese market. The company also produces plant-based mayonnaise and cookie dough, among other products. In the next two to three years, Just expects China to account for the bulk of its revenue, and the company plans to target Europe and India. Full Story
Related: Just Egg Launches at Bareburger; Beyond Meat Sets IPO Terms.
from Specialty Food News http://bit.ly/2Yz2Aj6
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