NetworkNewsBreaks – Nightfood Holdings Inc. (NGT
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Posted On: 08/06/2024 4:20:09 PM
NetworkNewsBreaks – Nightfood Holdings Inc. (NGTF) Expands into Growing Food-Service Segment with Recent Acquisition
Nightfood Holdings (OTCQB: NGTF), a forward-thinking acquisition and development holding company, has built a reputation in the sleep-friendly snack market. Now the company is expanding beyond the nighttime snack category into a growing segment of the food-service industry through recent acquisitions designed to diversify operations and capitalize on an emerging market.
According to the article, Nightfood signed a letter of intent (“LOI “) to acquire SWC Group Inc., doing business as Carryoutsupplies.com, or CarryOut for short. CarryOut specializes in custom-printed food packaging and offers traditional and environmentally friendly selections for restaurants, cafes and other food-service businesses.
“We are thrilled at the opportunity to acquire rapidly growing CarryOut Supplies and for the opportunity to restore it to its pre-COVID scale and beyond,” said Nightfood CEO Sonny Wang in the article. “CarryOut is an exciting standalone business, and the strategic value of this acquisition is greatly enhanced by synergies with our existing subsidiaries and those we anticipate acquiring in the future.”
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 built a reputation in the sleep-friendly snack market. Now the company is expanding beyond the nighttime snack category into a growing segment of the food-service industry through recent acquisitions designed to diversify operations and capitalize on an emerging market.
According to the article, Nightfood signed a letter of intent (“LOI “) to acquire SWC Group Inc., doing business as Carryoutsupplies.com, or CarryOut for short. CarryOut specializes in custom-printed food packaging and offers traditional and environmentally friendly selections for restaurants, cafes and other food-service businesses.
“We are thrilled at the opportunity to acquire rapidly growing CarryOut Supplies and for the opportunity to restore it to its pre-COVID scale and beyond,” said Nightfood CEO Sonny Wang in the article. “CarryOut is an exciting standalone business, and the strategic value of this acquisition is greatly enhanced by synergies with our existing subsidiaries and those we anticipate acquiring in the future.”
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
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