Armada Mercantile Ltd. (CSE: ARM | OTC: AAMTF) has announced that Ace Foods, a company in which Armada holds a 33.3% ownership stake, is expanding its distribution footprint in the United States through a new supply arrangement with The Chocolate Bar Poppz Shoppe in Michigan. The Chocolate Bar Poppz Shoppe is actively delivering London Dairy ice cream and sorbet products to customers and sub-distributors servicing store locations and outlets across the state. The development signals continued efforts by Armada to grow London Dairy's presence in the American market.

Key Points

  • Armada Mercantile Ltd. (CSE: ARM | OTC: AAMTF) made the announcement on September 24, 2026
  • Ace Foods, 33.3%-owned by Armada, has added The Chocolate Bar Poppz Shoppe as a Michigan distribution partner for London Dairy products
  • Products being distributed include London Dairy ice cream and sorbet pints, multipack bars, individual bars, cones, and sandwiches
  • Investors may be watching how this Michigan expansion translates into broader U.S. distribution growth for Ace Foods

Ace Foods and The Chocolate Bar Poppz Shoppe Michigan Partnership

Through its 33.3% ownership in Ace Foods, Armada Mercantile is expanding the reach of London Dairy ice cream products in Michigan via The Chocolate Bar Poppz Shoppe. The release states that The Chocolate Bar Poppz Shoppe is currently delivering London Dairy ice cream and sorbet pints, multipack bars, individual bars, cones, and sandwiches to customers, including sub-distributors that service store locations and outlets throughout the state of Michigan. The company did not disclose the financial terms of this distribution arrangement in the announcement.

London Dairy's Global Profile and Ace Foods' U.S. Import Role

Ace Foods serves as the master importer and distributor of the London Dairy ice cream brand in the United States. The release describes London Dairy as a leader in the global ice cream market, operating in more than 35 countries and supported by what the announcement characterises as a multi-billion-dollar foods conglomerate. The release further states that Ace Foods has obtained USDA and FDA approvals, along with necessary permits, to import London Dairy products into the U.S., establishing a regulatory foundation for its American distribution operations.

Armada Mercantile's Stake and Investor Considerations

Armada Mercantile holds a 33.3% ownership position in Ace Foods, meaning the Michigan expansion is an indirect development for the CSE-listed company. Investors may be watching whether this distribution agreement contributes to measurable revenue growth for Ace Foods and, by extension, for Armada. The immediate share price impact was not clear from available public information. The company did not disclose specific sales volume targets, financial projections, or timelines associated with The Chocolate Bar Poppz Shoppe partnership in the announcement.