Great research on ZTF and the competition, and all valid.
The only only thing I think you might not have fully appreciated is that Refresco are already producing cartons using ReZorce as a manufacturing trail. ZTF won't need to make the product, they can license the production. So it could mean much larger volumes on much higher margins.
Refresco, is 'the world's largest independent beverage solutions provider for leading retailers and A-brands with production in Europe, North America and Australia' they say.
Great research on ZTF and the competition, and all valid.
The only only thing I think you might not have fully appreciated is that Refresco are already producing cartons using ReZorce as a manufacturing trail. ZTF won't need to make the product, they can license the production. So it could mean much larger volumes on much higher margins.
Refresco, is 'the world's largest independent beverage solutions provider for leading retailers and A-brands with production in Europe, North America and Australia' they say.
All the best
Richard
Nice one 👍