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.”
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About Nightfood Holdings Inc.
Nightfood is a forward-thinking holding company dedicated to identifying and capitalizing on explosive market trends within the hospitality, food services, consumer packaged goods and commercial real estate sectors. The company’s mission is to create unparalleled upside potential in industries ripe for innovation and growth by leading newly emerging categories and seizing opportunities in markets undergoing transformational upheaval. Nightfood is at the forefront of introducing and deploying artificial intelligence-enabled robotics products, revolutionizing operational efficiencies and customer experiences across the company’s focus areas. Additionally, the company is committed to developing and marketing wellness-focused consumer packaged goods, meeting the growing demand for healthier and functional options. Through these strategic initiatives, Nightfood endeavors to drive significant value and growth for its stakeholders. For more information about the company, visit the company’s website at www.NightFood.com.
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