Forbidden Foods Ltd (ASX: FFF) announced the successful execution of a Share Purchase Agreement to acquire 100% of the issued capital of Good Oats Pty Ltd. This strategic acquisition presents an incredible opportunity for Forbidden Foods to expand and diversify its product offering by integrating OMG's esteemed range of plant-based milk products with the Company's popular Blue Dinosaur healthy snack range.
Combining the strengths of both companies in sales & marketing, logistics, and supply chain management, it is poised to drive significant growth for a seamless, multi-channel product offering. This acquisition is set to elevate Forbidden Foods' revenue profile, bolster its Australian distribution network, and unlock international expansion opportunities, all while optimizing operating costs across both entities.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.