Blue apron announces plans to shift to an asset-light model through the transfer of operational infrastructure to freshrealm

New york--(business wire)--blue apron (nyse: aprn) today announced plans for a long-term operations and logistics relationship with freshrealm, a leading provider of fresh meals to top retailers nationwide, that would see the business shift to an asset-light model. the companies have signed a non-binding letter of intent for up to $50 million payable to blue apron for the transfer of its operational infrastructure, as well as when transition, efficiency and product milestones are met. blue apro.
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