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Smokefree Innotec Signs Definitive Agreement to Be Acquired by Agrokings Incorporated
Newsfile Corp.
Los Vegas, Nevada--(Newsfile Corp. - November 19, 2020) - Smokefree Innotec, Inc. [...] is pleased to announce it has signed a definitive agreement to be acquired by Agrokings Incorporated [...].
Agrokings is a conglomerate of synergistic companies in the hospitality, agricultural, electrical and distribution spaces, and will include the Epiphany Café franchise group, Gorgeous Coffee, Ardent Bakers, and A+ Electrical - all of which are located in New Zealand. Altogether, the companies mentioned are generating millions of dollars in annual revenue and are expanding at a rapid rate throughout the region.
Epiphany Café currently has over 15 franchise locations in New Zealand and hopes to increase this number to 20 before the end of the year. Furthermore, Epiphany Café is currently eyeing eight [...] existing cafes in Australia to be converted into Epiphany Cafes. The company has also started to offer licenses to establishments who intend to offer Epiphany's signature iced drinks, specialty coffees and artisan donuts.
At the moment, the new management's intention is to bring the company current with OTC Markets and apply for a ticker symbol and name change . Further updates regarding strategic partnerships, acquisitions, and capital raises will be released in the near future.
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