NetworkNewsBreaks – Nightfood Holdings Inc. (NGTF) Announces Acquisition of Robotics, Automation Services Provider in Hospitality and Food Services Spaces
Nightfood Holdings (OTCQB: NGTF), a forward-thinking acquisition and development holding company, has acquired Future Hospitality Ventures Holdings Inc., a California-based provider of robotics and automation solutions to the hospitality and food service industries designed to deliver improved efficiencies and cost savings. The acquisition is in line with Nightfood’s vision of capitalizing on explosive trends within the hospitality, food service and consumer packaged goods (“CPG”) sectors. According to the announcement, Nightfood is in the process of acquiring additional operating companies in related fields with substantial assets and revenue; the company plans to provide updates regarding these transactions in the coming weeks. “Incorporating Future Hospitality’s advanced AI-enabled robotic solutions positions us at the forefront of innovation in the hospitality sector at this critical point in time,” said Nightfood Holdings CEO Sonny Wang in the press release. “We believe our success in this area can open up new avenues for growth and efficiency across our portfolio. Our customers can benefit from plug-and-play, AI-enabled automation, which integrates easily and seamlessly into traditional restaurants, hotels, health-care facilities, school cafeterias and other food-service operations. There are exponential benefits for customers with a portfolio of locations, which is the market segment we are initially targeting.”
NOTE TO INVESTORS: The latest news and updates relating to NGTF are available in the company’s newsroom at http://nnw.fm/NGTF
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or republished: http://NNW.fm/Disclaimer
Nightfood Holdings (OTCQB: NGTF), a forward-thinking acquisition and development holding company, has acquired Future Hospitality Ventures Holdings Inc., a California-based provider of robotics and automation solutions to the hospitality and food service industries designed to deliver improved efficiencies and cost savings. The acquisition is in line with Nightfood’s vision of capitalizing on explosive trends within the hospitality, food service and consumer packaged goods (“CPG”) sectors. According to the announcement, Nightfood is in the process of acquiring additional operating companies in related fields with substantial assets and revenue; the company plans to provide updates regarding these transactions in the coming weeks. “Incorporating Future Hospitality’s advanced AI-enabled robotic solutions positions us at the forefront of innovation in the hospitality sector at this critical point in time,” said Nightfood Holdings CEO Sonny Wang in the press release. “We believe our success in this area can open up new avenues for growth and efficiency across our portfolio. Our customers can benefit from plug-and-play, AI-enabled automation, which integrates easily and seamlessly into traditional restaurants, hotels, health-care facilities, school cafeterias and other food-service operations. There are exponential benefits for customers with a portfolio of locations, which is the market segment we are initially targeting.”
NOTE TO INVESTORS: The latest news and updates relating to NGTF are available in the company’s newsroom at http://nnw.fm/NGTF
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or republished: http://NNW.fm/Disclaimer
