Organto Foods has now been listed on the Frankfurt Stock Exchange (Deutsche Börse, OGF). This international organic fruit and vegetable supplier has been on the TSX Venture Exchange (OGO) since 2015. The company wants to make the world more sustainable. It intends to achieve this by connecting global organic demand and supply.
It also markets organic products under the 'I Am Organic' label. Organto recently embraced the European Commission's (EC) 'Green Deal'. It wants to grow organic fruit and vegetables share considerably. The company will partner with supermarkets and wholesalers to do so.
"We're very proud that we're listed on the FSE. Now we can eventually meet the rising European demand. People want to be part of our company and share our mission. The goal is to keep expanding. We want to become the largest organic fruit and vegetable distributor in the world. This second exchange listing contributes to that," says Rients van der Wal, Organto Europe's CEO.
Frankfurt Stock Exchange
The FSE is Germany's largest stock exchange. It's also the fourth largest in the world in terms of securities trading and turnover. This listing enables Organto Foods to respond to the rising European trading demand. They want more sustainable, organic food companies. The listing now makes it easy for European investors to invest in Organto. And so, contribute to the international increase in organic fruit and vegetable trading.
Green Deal: "From Farm to Fork"
Using the Green Deal, the EC has set a goal. It wants 25% of arable land to be organic by 2030. In 2019, the organic foods' supermarket share was only 3,2%. Organto considers it its duty to help the retail sector. Retailers must achieve the necessary expansion over the next ten years. So, they've introduced the 'Organto Green Deal'. This customized plan offers organic alternatives. It should help reach the ambitious 25% organic by 2030 goal.
I Am Organic
Organto not only connects organic supply and demand. It also has the "I Am Organic" production label. Shoppers can recognize this eye-catching packaging are organic. Where possible, organic fruit and vegetables are branded or packaged using fully biodegradable material. That's done to keep the products' carbon footprint as small as possible.