Smart Good Things announces legal protection for its subsidiary Smart Good Bevtech

Faced with the restructuring of the large-scale food distribution market and sustained inflation, Smart Good Things Holding, listed on Euronext Paris Access+ (MLSGT), requested protection from the Paris Court for its subsidiary Smart Good Bevtech, dedicated to food preparations. instant drinks, the company announced on April 2, 2024.

By decision of February 21, 2024, Smart Good Bevtech was placed in receivership with an observation period of six months. Currently, the group is exploring various strategies aimed at continuing operations or enhancing the technological potential of this subsidiary. Smart Good Things Holding reassures that the other branches of the group are not impacted by this situation. Smart Good Bevtech, which was in its start-up phase, had not yet generated significant revenue.

The company says its priority remains the development of its subsidiary Salva, specializing in a new capitalization retirement model linked to consumption, launched in November 2023. The 2023 annual results, expected on April 30, should offer more insight. details of the situation and future action plans.