Eshbal Secures Major Acquisition to Enhance Its North American Presence

Eshbal's Bold Steps Toward North American Expansion

Eshbal Functional Food Inc. (TSXV: ESBL), a prominent player in the gluten-free and health-conscious food sector, recently made headlines with its strategic maneuvers aimed at bolstering its footprint in the North American market. On July 3, 2025, the company initiated a binding Letter of Intent to acquire a majority stake in Dare to Be Different Foods, a New York-based firm renowned for its innovative low-carb products derived from broccoli and cauliflower.

This acquisition marks a pivotal move for Eshbal as it aims to further enhance its portfolio with Dare to Be Different's offerings, which include a variety of items such as crusts, crisps, and gnocchi. These products, marketed under the Dare to Be Different brand, appeal to health-conscious consumers seeking nutritious options, which aligns perfectly with Eshbal’s mission.

The acquisition structure is unique, comprising both a cash investment by Eshbal for newly issued securities of Dare to Be Different and the issuance of Eshbal shares to the existing shareholders of the company. This dual approach not only secures immediate control over the majority of Dare to Be Different but also sets a foundation for future growth, contingent on revenue milestones being met by D2BD.

As part of this strategic expansion, Eshbal also announced the appointment of Avi Markus as the Chief Commercial Officer for North America. With over 25 years of experience in consumer-packaged goods and with a focus on