- Nightfood made its name in the sleep-friendly snack market, but has made two acquisitions diversifying operations recently to capitalize on an emerging market and a reemerging company
- Nightfood signed an LOI to acquire SWC Group, d/b/a Carryoutsupplies.com
- Carryoutsupplies.com has serviced over 7,000 wholesale accounts since inception in 2004, but faced extreme challenges in the face of the global covid pandemic
- Business is returning, presenting an opportunity for Nightfood to grow sales that reached $2 million in 2023
Nightfood Holdings (OTCQB: NGTF) is at it again. The Tarrytown, NY-based company built its name with sleep-friendly snacks and is now starting to stack its portfolio with opportunistic acquisitions. On July 17, Nightfood announced a letter of intent to acquire SWC Group Inc., doing business as Carryoutsupplies.com, or CarryOut for short.
This move signals Nightfood’s ambition to continue expansion beyond the nighttime snack category and capitalize on a growing segment of the food service industry. The acquisition will be completed through Future Hospitality Ventures Holdings, Inc., a wholly owned subsidiary that Nightfood recently…
NOTE TO INVESTORS: The latest news and updates relating to NGTF are available in the company’s newsroom at http://ibn.fm/NGTF
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