30th Oct 2024 12:01
(Alliance News) - MicroSalt PLC on Wednesday said it received "several new bulk purchase orders", including one from a new business-to-business customer.
Shares in the London-based provider of low-sodium salt products jumped 43% to 66.00 pence each on late Wednesday morning in London.
The new customer is the Canadian operations of "one of the world's largest spice and ingredient companies".
The company also won a first order from an unnamed 'Customer C', one of the "world's largest food, soft drink and snack manufacturers", as well as follow-on orders from 'Customer B', the Mexican business of Customer C.
Chief Executive Officer Rick Guiney said: "We are very excited to have received a significant new initial order for MicroSalt to replace traditional salt in a major product line, adding to product lines previously launched with a globally recognised customer. Based on our ongoing discussions and the progress to date, we are also looking forward to the addition of Microsalt to other well-known product lines for this customer."
Last month, the company had announced further availability of its take home shakers and its SaltMe branded low sodium crisps via new placements with supermarkets in the US such as Northwest Grocers and Fresh Thyme Markets.
By Tom Budszus, Alliance News slot editor
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