Legacy Ventures International, Inc. (LGYV) Announces Distrib Legacy Ventures International, Inc. (LGYV) Announces Distribution Agreement with Sysco
Legacy Ventures International, Inc. (OTC: LGYV), through wholly-owned subsidiary RM Fresh Brands, recently entered into a distribution agreement with Sysco (NYSE: SYY), a leading marketer and distributor of food products to restaurants, healthcare and educational facilities, hotels and inns and other foodservice and hospitality businesses. Through this partnership, Legacy will look to expand the distribution of Boxed Water, as well as its portfolio of other products, by leveraging Sysco’s network of nearly 200 distribution facilities serving roughly 425,000 customers.
In recent weeks, Legacy has made tremendous progress toward capitalizing on its Canadian distribution rights for Boxed Water, which it secured through the October acquisition of RM Fresh Brands. Just last week, the company announced a distribution deal with Rabba Fine Foods, an influential grocery chain with more than 30 locations across Canada. Legacy has also ramped up efforts to increase awareness of the Boxed Water brand as of late. Last month, the company teamed up with Holt Renfrew, Canada’s premier destination for luxury retail, for its Holiday Kick Off and Charity Shopping Event in order to get the environmentally-friendly bottled water alternative into the hands of prospective customers.
For Legacy, ‘Boxed Water is Better’ isn’t just a slogan, it’s a sustainable message to Canada’s expansive network of retailers. While traditional water bottles take over 1,000 years to biodegrade, Boxed Water is packaged in a deceptively simple, 100 percent recyclable carton that could significantly reduce the environmental impact of the bottled water market in the years to come. According to studies by Cradle to Gate, Boxed Water cartons have less than half of the carbon footprint of PET bottles. This environmental benefit also extends to shipping. According to Legacy, one truckload of modular Boxed Water cartons is the equivalent of 26 truckloads of plastic bottles.
With its newly-announced agreement with Sysco, Legacy continues to make progress toward expanding upon the Canadian retail presence of Boxed Water. Look for the company to capitalize on the marketability of RM Fresh Brands’ portfolio of trend-setting products while continuing to search for additional opportunities to promote sustainable market growth.
For more information, visit www.legacyventuresinc.com
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