Evolva and LEHVOSS Group Nutritional Division have just signed a distribution agreement to circulate Evolva’s brand Veri-te Resveratrol, for use in dietary supplements.
This branded ingredient will be distributed through LEHVOSS subsidiaries and expert teams across Europe. Over a dozen European countries are covered under the agreement and it is anticipated that the agreement will generate approximately CHF 1.5 million (USD $1.6 million) in sales by the conclusion of 2025.
The agreement is further testimony to Evolva’s market expansion activities. Following market launch and successful entry into five South-East Asian countries as well as Brazil with Veri-te Resveratrol for use in foods and dietary supplements over the recent past, the agreement with LEHVOSS now also paves the way to strengthen distribution in important European countries.
Veri-te Resveratrol is the main pillar of Evolva’s Health Ingredients (HI) business and was a key driver for the 14% revenue growth in HI recorded in the first half of 2023.
We are thrilled to add this high quality, researched and sustainable brand to our portfolio
- Anne De Vos, Chief Commercial Officer of Evolva
Anne De Vos, Chief Commercial Officer of Evolva, commented: “We are very excited to strengthen the presence of our Veri-te Resveratrol across a wider range of European countries. Veri-te Resveratrol is a responsible multi-functional ingredient with proven health benefits supported by a number of clinical studies. We consider LEHVOSS to be an ideal partner for the distribution of Veri-te Resveratrol due to its exceptional market capabilities.”
Teresita Rudà, Head of Brands and Marketing for LEHVOSS Nutrition added: “We are thrilled to add this high quality, researched and sustainable brand to our portfolio. We are convinced that Veri-te Resveratrol will add strength to our specially selected offer of ingredients across Europe and we look forward to a successful partnership with Evolva.”
Resveratrol is a polyphenolic compound that occurs naturally in plants such as grapes, peanuts, cranberries and other berries, albeit at low concentrations. Evolva’s Veri-te Resveratrol is a nature-based high-purity ingredient, made via fermentation, which ensures a stable, traceable and reliable supply. The ingredient is Novel Food approved for use in food supplements.
It is offered in different grades for use in dietary supplements, functional beverages, cosmetics, pharma applications and animal health markets.
