Simon Gault buys into Cocavo
December 7, 2015
World First Simply Too Good To Resist
Five Percent Limited signs shareholding purchase agreement with Cocavo Limited
Five Percent, trading as Simon Gault Home Cuisine, has acquired a minority holding in the exciting new start up Cocavo Limited with an option to increase this holding in 12 months time.
“When we met with Chris Nathan, founder of Cocavo, we were immediately impressed with a genuine innovation and a unique product and it was a pretty easy and instant decision for us to invest,” says Managing Director, Nick Baylis.
Cocavo is a world first, blending Avocado and Coconut Oil to create what is regarded as the world’s healthiest Coconut Oil. Cocavo has less saturated fat than regular coconut oils and when blended with avocado oil offers the added health benefits of avocado oil, including high levels of mono-unsaturated fat, vitamin E and plant sterols.
“Healthier’s great,” says Simon Gault “but Cocavo is much more than that. The high smoke point makes it ideal for cooking but what really impressed me though was the quality and cleaness of the Cocavo oil. The delicate flavour comes from the cold pressing of exceptionally high quality raw ingredeints that are all organic and preservative free. I just loved it.”
The Five Percent and Cocavo relationship is more than simply a financial one with Simon Gault taking on an active brand ambasador role. Simon and his team will be working closely with Cocavo to develop recipes and exciting ways for customers through out Asia Pacific and North America to enjoy this truly unique product.
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Five Percent Limited was founded in Auckland, New Zealand, in 2011 by Celebrity Chef Simon Gault and Nick Baylis, former CEO of M&C Saatchi New Zealand. Five Percent has a range of products in Foodstuffs and Progressive nationally branded under the Simon Gault Home Cuisine Range.