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Firma Holdings Announce Acquisition of Jamore Food & Beverage International Inc.

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Firma Holdings Corporation (FRMA) has announced its acquisition of Jamore Food & Beverage International Inc., aiming to diversify its operations in the consumer goods sector. Leveraging relationships from previous successes in PPE procurement, management will focus on unique product offerings from countries like South Korea, Mexico, and Israel. In addition to marketing established brands, Jamore will expand into the private label market. The acquisition aligns with FRMA's strategy of investing in emerging and middle-market opportunities.

Positive
  • Acquisition of Jamore Food & Beverage International Inc. enhances diversification.
  • Management's existing relationships may drive growth in the consumer goods space.
  • Focus on unique products from various international markets increases potential product offerings.
Negative
  • Dependence on successful integration of Jamore could pose challenges.
  • Market acceptance of new products remains uncertain, posing potential risks.

DOWNERS GROVE, IL / ACCESSWIRE / April 12, 2022 / Firma Holdings Corporation (OTC PINK:FRMA) is pleased to announce the acquisition of Jamore Food & Beverage International Inc. In keeping with the past success of Monochrome Corp. with PPE procurement, management will seek to leverage its relationships in the consumer goods and services space to provide further diversification. Management is currently in discussions with manufacturers and suppliers from around the world, including unique products from South Korea, Mongolia, Mexico and Israel, as well as working on its own conceptual products domestically that have proven favorable in various market beta tests.

ABOUT FIRMA RENEWABLES CORP.

Renewable resources include biomass energy (such as ethanol), hydropower, geothermal power, wind and solar energy. Firma renewables is focused on partnering with several of the largest national developers of utility-scale projects.

ABOUT JAMORE FOOD & BEVERAGE INTERNATIONAL INC.

Jamore FBI markets multiple unique food and beverage products through its significant relationships throughout the food and beverage service distribution system. This process includes the expanding private label market as well as working with operators to purchase branded items from distributors. In addition, the sales teams will work to market various products directly to retailers.

FRMA's Plan of Operations.

FRMA is an emerging growth company under the JOBS Act of 2012 and, as a diversified holding company, will focus on emerging and middle market international investment opportunities through its subsidiaries. FRMA and its subsidiaries are in the process of acquiring interests, joint ventures, and licensing agreements along with diligently researching creating a Special Purpose Acquisition Company in the Renewable Energy space including advanced carbon materials.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained herein are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays beyond the Company's control with respect to market acceptance of new technologies or products, delays in testing and evaluation of products, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission. Please read the full disclaimer at www.firmaholdingscorp.com.

Contact: info@firmaholdingscorp.com

SOURCE: Firma Holdings Corp.



View source version on accesswire.com:
https://www.accesswire.com/697036/Firma-Holdings-Announce-Acquisition-of-Jamore-Food-Beverage-International-Inc

FAQ

What is the purpose of Firma Holdings' acquisition of Jamore Food & Beverage?

The acquisition aims to diversify operations and leverage existing relationships in the consumer goods sector.

What products will Firma Holdings focus on after acquiring Jamore?

Firma will focus on unique food and beverage products from global suppliers and expand into the private label market.

How does the Jamore acquisition impact Firma Holdings' future strategy?

The acquisition supports Firma's strategy of seeking investment opportunities in emerging markets and diversifying its portfolio.

What are the potential risks associated with the acquisition?

Risks include challenges in integrating Jamore's operations and uncertainties regarding market acceptance of new products.

FIRMA HOLDINGS CORP

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