Business UpdateAug 11, 2026, 05:33 PM
Tofutti Brands Secures New Co-Packing Agreement
AI Summary
Tofutti Brands Inc. announced it has successfully secured a new co-packing manufacturing agreement with the new owner of its primary co-packer's facility. This resolves a previously disclosed issue where the original co-packer, responsible for approximately 80% of Tofutti's 2025 sales, intended to close its plant. The new agreement will commence on September 15, 2026, under the same terms and pricing as the previous arrangement, with sufficient inventory to cover the transition period.
Key Highlights
- Original co-packer, responsible for 80% of 2025 sales, intended to close its plant effective July 31, 2026.
- Tofutti Brands successfully reached a new co-packing manufacturing agreement.
- The new agreement is with the new owner of the facility and manufacturing business.
- The new relationship will commence on September 15, 2026.
- Terms and pricing of the new agreement are the same as with the previous owner.
- Company believes it has sufficient inventory to meet requirements until the new relationship begins.
Price Impact
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