01:11:44 EDT Sun 19 May 2024
Enter Symbol
or Name
USA
CA



Coho Collective Kitchens Inc
Symbol COHO
Shares Issued 115,745,902
Close 2024-02-21 C$ 0.17
Market Cap C$ 19,676,803
Recent Sedar Documents

Coho Collective forms partnership with Entegra

2024-02-21 13:11 ET - News Release

Mr. Andrew Barnes reports

COHO COLLECTIVE KITCHENS PARTNERS WITH ENTEGRA, THE LARGEST FOOD GROUP PURCHASING ORGANIZATION IN THE WORLD

Coho Collective Kitchens Inc. has formed a strategic partnership with Entegra, a division of Sodexo Global. This groundbreaking partnership emphasizes Entegra's group purchasing organization (GPO) program, leveraging over $36-billion in annual purchasing power. This collaboration is designed to significantly reduce the costs of materials for Coho and its brands.

Amrit Maharaj, chief operating officer of Coho, expressed enthusiasm about the collaboration, stating: "Our partnership with Entegra, with a spotlight on their GPO program, is a game changer for us and our members. We are committed to providing an industry-leading customer experience and state-of-the-art facilities but also cost-effective solutions that enable Coho to reduce expenses, increase profitability and scale faster."

"We're proud to count Coho as a client," said Entegra Canada president Tim Banick. "Our relationship is based on shared values and goals. Entegra will be there as a business growth partner, providing the products, pricing and advisory services that Coho needs to excel now and into the future."

This strategic collaboration emphasizes the tangible benefits of Entegra's GPO program, reinforcing the commitment of Coho and Entegra to providing unparalleled support and resources to Coho's brands. As the partnership unfolds, both organizations are eager to witness the positive impact on reducing costs and enhancing the overall sustainability of the culinary community.

Key highlights of the enhanced partnership:

Cost-Effective Programming: Entegra's GPO program will empower Coho, Purebread & Coho's members to access a vast network of suppliers, leveraging collective buying power to secure competitive pricing on premium ingredients and kitchen essentials.

  • Operational efficiency: The collaboration focuses on enhancing cost-efficiency by streamlining procurement processes, enabling members to optimize their operational budgets without compromising on the quality of ingredients.
  • Sustainable sourcing: Entegra's commitment to sustainability aligns with Coho's values, ensuring that cost-effective solutions also prioritize environmentally conscious and ethically sourced materials.
  • Financial empowerment: By tapping into Entegra's procurement expertise, Coho aims to financially empower its own brands and members, fostering an environment where food and beverage businesses can thrive and focus on their creative pursuits.

About Coho Collective Kitchens Inc.

Coho is a growing player in commercial real estate and food technology, operating fast-casual restaurants and shared-kitchen facilities. As Canada's largest shared-kitchen company, Coho is expanding its presence and services. Through their combined efforts, Coho and Purebread strive to positively impact the communities in which they operate.

We seek Safe Harbor.

© 2024 Canjex Publishing Ltd. All rights reserved.