Nutritional Growth Solutions (ASX:NGS) taps The Healthy Chef to expand product distribution

Nutritional Growth Solutions announced an exclusive intellectual property licence agreement with The Healthy Chef.

The partnership will see Nutritional Growth produce and distribute Healthy Chef products across the United States and Canada.

Healthy Chef is renowned for its wholefood nutrition products targeting segments such as weight loss, gut health, and menopause.

The agreement positions Nutritional Growth to increase its revenue by over US$1.5 million ($2.2 million) in the first year, equating to 45% of the company's FY23 group revenue.