SKDI - Sun Kissed acquires 'luxury' enterprise with $11M in 2019 revenue

Sun Kissed Industries (SKDI) has acquired SFL Maven, a high-end jewelry company in a stock-only transaction. Carl Grant, CEO of Sun Kissed, noted, "It is with tremendous pleasure that we welcome SFL and its founder, Joe Ladin, on board and integrate SFL into the Sun Kissed family as a new wholly owned subsidiary. SFL is a company of substance and success, with a history of growth and market traction, and we believe we can launch a bright and lucrative long-term future path together in the years ahead. Our switch to focusing on acquisitions with substantial revenues, I believe, is going to bring tremendous shareholder value in both the very short term as well as in the long term."

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Sun Kissed acquires 'luxury' enterprise with $11M in 2019 revenue