Planet Based Foods Global Inc. Announces Strategic Transformation and Strengthened Financial Foundation
Planet Based Foods Global Inc. (OTC:PBFFF) has announced a major strategic transformation, pivoting from consumer-packaged foods to become a leader in sustainable food systems and agri-tech. The company has completed a significant restructuring, including the divestment of its U.S. consumer packaged goods subsidiary and the return of over 1.4 million shares to treasury.
The company now operates through two main divisions: PBF Tech, focusing on climate-adaptive technologies and agri-tech solutions, and PBF Trade, which builds sustainable supply chains connecting producers to global markets. Under CEO Claire Skillen's leadership, PBFFF will prioritize food security, climate action, and Canadian collaboration, with a particular focus on partnerships with Indigenous communities and government entities.
Planet Based Foods Global Inc. (OTC:PBFFF) ha annunciato una profonda trasformazione strategica, passando dai prodotti alimentari confezionati al ruolo di protagonista nei sistemi alimentari sostenibili e nell'agri-tech. L'azienda ha completato una riorganizzazione significativa, comprensiva della cessione della sua controllata statunitense di beni di consumo confezionati e del reimpatrio in tesoreria di oltre 1,4 milioni di azioni.
Oggi la società opera attraverso due divisioni principali: PBF Tech, dedicata a tecnologie adattive al clima e soluzioni agri-tech, e PBF Trade, che sviluppa catene di approvvigionamento sostenibili per collegare i produttori ai mercati globali. Sotto la guida dell'Amministratrice Delegata Claire Skillen, PBFFF darà priorità alla sicurezza alimentare, all'azione climatica e alla collaborazione in Canada, con particolare attenzione a partnership con comunità indigene e organismi governativi.
Planet Based Foods Global Inc. (OTC:PBFFF) ha comunicado una transformación estratégica importante, orientándose desde los alimentos empaquetados al liderazgo en sistemas alimentarios sostenibles y agrotecnología. La compañía ha completado una reestructuración relevante, que incluye la venta de su filial estadounidense de productos de consumo envasados y la devolución a tesorería de más de 1,4 millones de acciones.
La empresa opera ahora a través de dos divisiones principales: PBF Tech, enfocada en tecnologías adaptativas al clima y soluciones agrotecnológicas, y PBF Trade, que construye cadenas de suministro sostenibles para conectar a los productores con mercados globales. Bajo la dirección de la CEO Claire Skillen, PBFFF priorizará la seguridad alimentaria, la acción climática y la colaboración en Canadá, con especial énfasis en asociaciones con comunidades indígenas y entidades gubernamentales.
Planet Based Foods Global Inc. (OTC:PBFFF)는 소비자 포장식품 사업에서 탈피해 지속 가능한 식품 시스템과 농업기술(agri-tech) 분야의 선두주자로 전환하는 대대적인 전략적 변화를 발표했습니다. 회사는 미국 소비자 포장 상품 자회사의 처분과 140만 주 이상을 자사 보유 주식으로 환원하는 등 중대한 구조조정을 완료했습니다.
현재 회사는 두 개의 주요 부문으로 운영됩니다: 기후 적응 기술과 농업기술 솔루션에 주력하는 PBF Tech와 생산자를 글로벌 시장과 연결하는 지속 가능한 공급망을 구축하는 PBF Trade. CEO 클레어 스킬런(Claire Skillen)의 리더십 하에 PBFFF는 식량 안보, 기후 행동, 캐나다 내 협력을 우선시하며, 특히 원주민 커뮤니티 및 정부 기관과의 파트너십에 중점을 둘 예정입니다.
Planet Based Foods Global Inc. (OTC:PBFFF) a annoncé une transformation stratégique majeure, se réorientant des produits alimentaires emballés vers un rôle de leader des systèmes alimentaires durables et de l'agri-tech. La société a achevé une restructuration importante, incluant la cessation de sa filiale américaine de biens de consommation emballés et le retrait de plus de 1,4 million d'actions au sein de la trésorerie.
L'entreprise opère désormais via deux divisions principales : PBF Tech, axée sur les technologies adaptatives au climat et les solutions agri-tech, et PBF Trade, qui construit des chaînes d'approvisionnement durables reliant les producteurs aux marchés mondiaux. Sous la direction de la PDG Claire Skillen, PBFFF donnera la priorité à la sécurité alimentaire, à l'action climatique et à la collaboration au Canada, en mettant un accent particulier sur les partenariats avec les communautés autochtones et les organismes gouvernementaux.
Planet Based Foods Global Inc. (OTC:PBFFF) hat eine grundlegende strategische Neuausrichtung angekündigt und wandelt sich vom Anbieter verpackter Lebensmittel hin zu einem Vorreiter für nachhaltige Ernährungssysteme und Agrartechnologie. Das Unternehmen hat eine bedeutende Umstrukturierung abgeschlossen, die unter anderem die Veräußerung seiner US-Tochter für Verbraucherverpackungen und die Rückführung von über 1,4 Millionen Aktien in die Eigenbestände umfasst.
Das Geschäft gliedert sich nun in zwei Hauptbereiche: PBF Tech, das sich auf klimaadaptive Technologien und Agri-Tech-Lösungen konzentriert, und PBF Trade, das nachhaltige Lieferketten aufbaut, um Produzenten mit globalen Märkten zu verbinden. Unter der Leitung von CEO Claire Skillen wird PBFFF den Schwerpunkt auf Ernährungssicherheit, Klimaschutz und kanadische Zusammenarbeit legen, mit besonderem Fokus auf Partnerschaften mit indigenen Gemeinschaften und staatlichen Stellen.
- None.
- Complete divestment of established U.S. consumer packaged goods business
- Significant business model transformation carries execution risks
- No immediate revenue projections provided for new business divisions
Vancouver, British Columbia--(Newsfile Corp. - September 5, 2025) - Planet Based Foods Global Inc. (CSE: PBF) (OTC Pink: PBFFF) (FSE: AZ00) ("PBFG" or the "Company") announces a fundamental transformation of its business model, setting the stage for a new strategic direction as a purpose-led, globally connected leader in sustainable food systems and agri-tech.
Formerly focused on consumer-packaged food products, the Company has repositioned itself at the intersection of agriculture, technology, and sustainability. This shift is designed to address critical challenges in food security, smart AI tech, and the creation of resilient, traceable supply chains.
A Stronger Financial Foundation
PBFG has completed a comprehensive restructuring process designed to strengthen its balance sheet, reset its strategic priorities, and position the Company for long-term, scalable growth. This transformation includes the divestment of its former U.S. consumer packaged goods subsidiary, the return of over 1.4 million shares to treasury, and the addition of a revitalized leadership team and board of directors.
Two Divisions, One Mission
PBFG now operates through two complementary divisions that ensure stability and scalability.
PBF Tech - focused on deploying climate-adaptive technologies and agri-tech solutions that improve efficiency, reduce waste, and build resilience into global food and supply systems.
PBF Trade - dedicated to building inclusive, sustainable supply chains by connecting producers - often women-led cooperatives - into high-value global markets.
Together, these divisions are designed with redundancy in mind.
Our Purpose-Led Future
"Our vision is bigger than any single product," said Claire Skillen, President & CEO of PBFG. "We are building a purpose-led company designed to bridge innovation and agriculture in ways that create long-term value for shareholders while driving positive impact for communities and the environment. PBFG is ready for its next chapter."
Looking Forward, PBFG's future focus includes:
Food Security - working to ensure reliable access to safe, nutritious food through innovation and strategic partnerships.
Climate Action - integrating sustainable practices and technologies that reduce waste and environmental impact.
Canadian Collaboration - developing partnerships with Indigenous communities and the Provincial and Federal Canadian government to reinforce Canada's leadership in sustainable food systems.
Shareholder Connection Webinar
PBFG will host a Shareholder Connection Webinar on September 16, 2025, where leadership will share more about this transformation, discuss upcoming priorities, and provide shareholders with the opportunity to ask questions directly. This session is designed to build transparency and strengthen the bridge between PBFG and its investors.
About Planet Based Foods Global Inc.
Planet Based Foods Global Inc. is reimagining the future of food through a diverse portfolio of sustainable ingredients, plant-based solutions, and advancements in agricultural technology. With a focus on environmental stewardship, product excellence, and scalable impact, the Company empowers food manufacturers, partners, and consumers to participate in a cleaner, healthier, and more resilient global food system. Planet Based Foods operates with integrity and purpose, delivering products that align with evolving consumer values and contribute to a more sustainable future.
On Behalf of the Board
Claire Skillen
Chief Executive Officer and President
Contact: info@pbfglobal.com
Forward-Looking Statements
This news release contains "forward-looking statements" within the meaning of applicable Canadian securities laws and the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to, statements regarding future plans, strategies, objectives, expectations, and intentions of Planet Based Foods Global Inc. (the "Company"). These statements are based on current expectations and assumptions that are subject to risks and uncertainties, many of which are beyond the Company's control. Such risks and uncertainties include, without limitation, industry developments, regulatory changes, access to capital, operational challenges, supply chain disruptions, and economic conditions. Actual results may differ materially from those expressed or implied in forward-looking statements. Readers are cautioned not to place undue reliance on these statements. The Company undertakes no obligation to update or revise any forward-looking statements except as required by law.
Additional information, including risk factors, is available in the Company's public filings on SEDAR+ at www.sedarplus.ca.
The Canadian Securities Exchange has not reviewed, approved, or disapproved the contents of this release and accepts no responsibility for its adequacy or accuracy.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/265291
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