Barfresh Shares Pop On Distribution Deal With G&J Pepsi

Barfresh Food Group Inc BRFH has entered into a distribution arrangement with G&J Pepsi-Cola Bottlers Inc. (G&J Pepsi). The financial terms were not disclosed.
Under the distribution arrangement, G&J Pepsi will purchase Barfresh's Twist & Go product and distribute it to its customers through its chilled distribution network.
The arrangement is the result of a pilot program whereby G&J Pepsi successfully tested the operational capability of its distribution network to sell and handle Barfresh products.
The arrangement has already started generating revenue for both Barfresh and G&J Pepsi.
"Barfresh has been able to attract top-tier distributors looking to add our excellent products to their lineup," said CEO Riccardo Delle Coste.
Price Action: BRFH shares are trading higher by 6.74% at $5.50 on the last check Tuesday.