Pändy
The jelly candy was launched in two flavours at the Fitness Festival at the end of last year and received a strong response from the market. Since then, sales have been higher than expected with broad listings and high sales per store, where until now all that could be produced has been sold out. The company has secured an increased production capacity to accommodate growing sales going forward. The candy is available today in some of the company's export markets with further launches to come within short. In
"It is super exciting that we have found the right product with good traction and at the same time providing visibility and indirect marketing for Bayn's EUREBA®. Healthier sweets are our cornerstone and are the first products that we launched to market in 2016, where we have since then worked to develop the new recipe that is now available on the market. We see great potential in being able to achieve significant growth and take a leading position in
Sweet Hearts and Sour Fish are two of Pandy's sweets. Each bag contains only 80 kcal and 1 g of sugar, which means about 97% less sugar than regular jelly candy. The company aims to launch additional candy flavours during 2020. A total of 14 products are in the portfolio today and are sold and marketed to over 20 markets.
For further information, please contact:
Simon Petrén,
Tel: +46709999455
Email: simon.petren@bayneurope.com
From plant based sources Bayn develops and offers the market cost-effective raw materials as well as total solutions in sugar reduction Through scientific research products and ingredients with a low calorie content are developed for customers in the food and beverage industry. For more information www.bayneurope.com
Pändy is a fast moving FMCG company specialised in consumer products with a low calorie and high protein content. The products, beverages, confectionery, snacks, and energy bars are available in grocery stores.
Together Bayn and Pändy will build a corporate group which will invest in and develop companies within Food-Tech.
Bayn is listed on Nasdaq Stockholm, First North Growth Market, under the short name BAYN.
https://news.cision.com/bayn-europe-ab/r/higher-sales-than-expected-and-first-listing-of-candies-at-ica,c3109603
https://mb.cision.com/Main/5651/3109603/1246251.pdf
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