Nightfood Holdings (OTCQB: NGTF), a forward-thinking acquisition and development holding company, today announced the closing of its strategic all-stock acquisition of SWC Group Inc. (d/b/a CarryoutSupplies.com), a leading wholesaler and distributor of custom takeout packaging for the foodservice industry. The acquisition enhances Nightfood’s operational efficiencies, expands its product offerings and customer base, and allows for synergistic growth opportunities. According to the announcement, the closing of the acquisition marks a pivotal moment in the company’s growth and Nasdaq-uplist strategy.
“We are thrilled to announce the successful acquisition of CarryoutSupplies.com and excited for what we believe this acquisition will allow Nightfood to accomplish. This deal not only strengthens our position in the foodservice industry but also can drive immense value through operational efficiencies and the integration of complementary products and services across Nightfood’s subsidiaries.,” said Sonny Wang, Nightfood CEO.
To view the full press release, visit https://ibn.fm/nM2hn
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.
NOTE TO INVESTORS: The latest news and updates relating to NGTF are available in the company’s newsroom at https://ibn.fm/NGTF
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