French Plant-Based Seafood Brand OLALA! Announces Closure Due to Insufficient Turnover

French plant-based seafood brand OLALA! has announced its closure after three years of operations. The company cited insufficient turnover as the reason for ceasing operations, noting that food service companies were resistant to paying extra for plant-based products, despite their sustainability and health benefits. OLALA! thanked its team, investors, distributors, and customers for their support, and also apologized to suppliers for any unpaid invoices resulting from the closure.

Just before its closure, OLALA! had revamped its brand design for its seafood alternatives and had obtained an IFS FOOD certificate for its plant in Boulogne-sur-Mer, indicating the quality and safety of its products. Despite the closure, OLALA! expressed gratitude for the experience and for offering the public a more sustainable way of eating. The company stated that while a page is turning, the adventure of more sustainable food continues.