DDC - DayDayCook to acquire ready-to-eat Thai food brand Yai's Thai
2023-12-26 09:30:12 ET
- DDC Enterprise or DayDayCook ( NYSE: DDC ) Tuesday announced an agreement to acquire Yai’s Thai, a Thai American food brand, as the company looks to expand its footprint in the U.S.
- Yai’s products are currently sold through over 4,500 stores nationwide including Costco, Whole Foods Market, Safeway, Sprouts, and Kroger, with anticipated revenues of $8M-$10M in 2023.
- The deal will be financed through a combination of both cash and stock.
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DDC -6.32% premarket to $4.45
- Source: Press Release
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DayDayCook to acquire ready-to-eat Thai food brand Yai’s Thai