Vital Farms (VITL) intends to raise $125 million from the sale of its common stock and that of selling shareholders in an IPO, according to an amended registration statement.
The company sells pasture-raised egg products and butter to consumers in the U.S.
VITL has an enviable growth rate, favorable industry dynamics and resilience to Covid19 pandemic effects.
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Joe Holland will lead Vital Farms’ diversified supply chain team, including its award-winning egg washing and packing facility, Egg Central Station (ECS), in Springfield, Missouri, its forthcoming facility in Seymour, Indiana, and dairy operations for its growing butter business. …
Vital Farms introduced its newest product: Pasture-Raised Butter with Sea Salt & Avocado Oil. The new product is the first nationally distributed tub butter made with pasture-raised butter and avocado oil. It also contains the highest fat content of any nationally distributed product in the category. …
Vital Farms, a Certified B Corporation that offers a range of ethically produced foods nationwide, published its inaugural Sustainability Report, a comprehensive overview of the company’s Environmental, Social, and Governance (ESG) progress with respect to each of its stakeholders, including farmers and suppliers, crew members, customers and consumers, communities and the environment, and stockholders. …
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