Beyond Oil partners with Latitude Ltd. for US distribution, targeting food service industry growth

From GlobeNewswire: 2025-01-24 16:20:00

Beyond Oil Ltd. announced a Master Distribution Agreement with Latitude Ltd., granting Latitude the right to market and sell Beyond Oil products in the US. The agreement includes minimum monthly commitments totaling US$8.3 million for 2025. Latitude will focus on small and medium-sized food service customers, while Beyond Oil targets larger clients. This strategic partnership aims to drive revenue growth, market reach, and cost-efficient expansion in the US market. Both companies will work closely to maximize efficiency and impact in the food service industry.

Latitude Ltd., based in New York, is an importer, distributor, and logistics company with over 30 years of experience. Beyond Oil Ltd. is a food-tech company focused on healthier frying solutions. The partnership aims to redefine the American food service market. Jonathan Or, CEO of Beyond Oil, and Dedi Avner, CEO of Latitude, expressed excitement about the collaboration’s potential to transform the industry and set new standards for sustainable frying practices. The companies are committed to driving aggressive market penetration and establishing healthier frying operations across the US.



Read more at GlobeNewswire: Beyond Oil Secures US$8.3 Million Master Distribution