2023-08-22 08:36:16 ET
- TRxADE HEALTH Inc ( NASDAQ: MEDS ), a pharmaceutical exchange platform provider that recently merged with food technology and distribution company Superlatus, Tuesday entered into a binding agreement to acquire The Urgent Company and its Coolhaus, Brave Robot, Modern Kitchen and California Performance Co. consumer brands from Perfect Day.
- Following the deal, the combined company, focused on sustainable, equitable food portfolio, is expected to more readily penetrate new markets and accelerate transition to animal-free brands.
- As part of the acquisition, Natasha Case, Founder of Coolhaus will rejoin the brand as Chief Brand Officer and will also be an advisor to Superlatus’ broader portfolio of brands.
- This deal will continue to accelerate the expansion of the acquired brands’ retail footprint.
- MEDS +0.27% premarket to $7.51
- Source: Press Release
For further details see:
Trxade HEALTH to acquire The Urgent Company and portfolio of consumer brands from Perfect Day