Vejii acquires VEDGEco strengthening B2B capabilities in plant-based food distribution

Until recently, Vejii focused primarily on its B2C business offering online shoppers a one-stop shop for all their sustainable and vegan needs with a growing variety of branded products that include groceries, vitamins, supplements, proteins, sports nutrition, pet supplies, personal and home care, which customers can Get it in as little as 1 to 2 business days using the on-site Vejii Express option.

But the acquisition of VEDGEco brings new B2B capabilities to the Vejii online platform, which considers itself “Ethical Amazon”Providing online shoppers with access to hundreds of plant-based and sustainable home brands.

“VEDGEco was launched as one of the first online wholesale platforms dedicated to providing independent restaurants and grocery stores with a wide range of high quality vegetarian options,”said Cory Zelikson, CEO of Vejii.“This means that small business owners can finally have access to a wide range of plant-based products and ingredients without the requirements imposed by larger national distributors, such as minimum order sizes for large orders.”

VEDGEco’s key employees are expected to continue managing VEDGEco’s operations after the closing of the transaction.

Last year, Vejii went public on the Canadian Stock Exchange shortly after acquiring a plant-based online retailer, Vegan Essentials. in that First public financial resultsVejii announced gross margins of +23% for the three months ending September 30, 2021 and forecast that it will end its 2021 calendar year with revenue in excess of C$1 million.

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