UK company SRSLY Low Carb has announced a new distribution deal, which it says will introduce its range of food products into a number of US-based supermarket retailers.
Hertfordshire-based SRSLY has signed an exclusivity agreement with Gourmet Foods International (GFI), a national specialty food distributor headquartered in Decatur, Georgia which services supermarket chains across all 50 US states.
The partnership initially led to SRSLY securing a deal to supply its low carb pizza range to GFI client Harris Teeter Supermarket group, an 84-year-old US retailer which currently operates over 250 stores in seven South Atlantic states and Washington, D.C.
The agreement with Harris Teeter, which is wholly-owned by one of the nation’s largest retailers, Kroger Co, opens the door for SRSLY to “build much wider prominence for its brand” across the US market.
Kroger Co serves nine million customers daily and generated sales of around $148 billion in 2022 through its eponymously-named chain and a number of other retail and supermarket groups within its portfolio. This includes subsidiary supermarket chain, Roundy’s, which is also in talks with SRSLY about stocking its product range.
SRSLY was founded in 2019 by Andy Welch, a former Ironman triathlete who transformed his love of healthy food into a business. Initially targeted at fellow endurance athletes, the market for his “low-carb, high protein and healthy offering” expanded to include a broad range of consumers looking for “tasty and nutritious” options to help them lose weight, manage diabetes, and enhance their overall health and wellbeing.
Increasing sales while creating new partnerships
The company is also investing in a new 7,000 square foot warehouse in Hemel Hempstead which will further enhance its production efficiency.
To help support its global growth ambitions, SRSLY is currently embarking on a seven-figure equity investment round with Ruffena Capital. This includes a newly launched crowdfunding campaign where the company aims to raise a minimum of £500,000. The funds will be focused on supporting SRSLY’s growth strategy which is centred on further developing US and UK retailing opportunities.
SRSLY founder and CEO, Andy Welch said: “I’m delighted to announce our significant distribution agreement with Gourmet Foods International (GFI) which marks a major step forward in our global growth ambitions.
“GFI has long been a pillar of culinary excellence within the food distribution industry with an illustrious, well-established history and an extensive network covering the entire US. The company’s prestigious clientele consists of leading American retailers and food service organisations including Kroger Co, where we have secured an initial pizza distribution deal.
“This partnership is just the beginning for SRSLY within the US market as I’m confident it will open the doors for our wider product range and help us grow our presence within other major supermarket groups.
“I’m also excited about our crowdfunding campaign which enables anyone to invest in SRSLY and become part of our vision to grow a successful UK business on the back of our diverse, healthy and delicious low carb, high protein food offering.”
