TRxADE Health, Inc. (NASDAQ: MEDS), known for its pharmaceutical exchange platform, has recently merged with Superlatus, Inc., a leading food technology and distribution company. The combined entity has now announced a binding agreement to acquire The Urgent Company Inc. along with its portfolio of popular consumer brands Coolhaus, Brave Robot, Modern Kitchen, and California Performance Co. These brands are currently owned by Perfect Day, Inc.
This company expects the acquisition to significantly enhance its position in the development of sustainable and fair food products. The transaction should also enable the combined company to easily enter new markets and increase its market share. This is especially true because many of the acquired Superlatus brands are innovators in the industry.
Superlatus has announced plans to introduce a new type of snack called pulse-based twisted protein snacks through its Brave Robot brand. This innovation is made possible by the advanced food extrusion technology developed by Sapientia Technology, LLC, a subsidiary of Superlatus. Superlatus is committed to capitalizing on the synergies between its ...
MEDS), Newly Merged With Superlatus, Is Gearing Up To Make Big Splashes In the $151 Billion Snacks Industry with its Acquisition of The Urgent Company Inc.>Full story available on Benzinga.com