Bemax Inc. Completes Acquisition of Kona Gold, LLC
Bemax Inc. (OTC Pink: BMXC) has successfully acquired Kona Gold, from Kona Gold Beverage, Inc. (OTC Pink: KGKG). This strategic move strengthens Bemax's position in the Consumer-Packaged Goods (CPG) market. As part of the deal, Bemax will issue $200,000 in Restricted Common Shares to Kona Gold Beverage shareholders as a dividend.
The acquisition allows Bemax to diversify its product offerings and expand its market reach. By integrating Kona Gold's innovative beverage brand with Bemax's operational capabilities, the company aims to drive significant growth and enhance shareholder value. This move aligns with Bemax's vision to strengthen its market presence in the CPG sector.
Bemax Inc. (OTC Pink: BMXC) ha acquisito con successo Kona Gold, da Kona Gold Beverage, Inc. (OTC Pink: KGKG). Questa mossa strategica rafforza la posizione di Bemax nel mercato dei beni di consumo confezionati (CPG). Come parte dell'accordo, Bemax emetterà 200.000 $ in azioni comuni restrittive agli azionisti di Kona Gold Beverage come dividendo.
L'acquisizione consente a Bemax di diversificare la propria offerta di prodotti ed espandere la propria portata di mercato. Integrando il marchio innovativo di bevande di Kona Gold con le capacità operative di Bemax, l'azienda mira a guidare una crescita significativa e migliorare il valore per gli azionisti. Questa mossa è in linea con la visione di Bemax di rafforzare la propria presenza nel settore CPG.
Bemax Inc. (OTC Pink: BMXC) ha adquirido con éxito Kona Gold, de Kona Gold Beverage, Inc. (OTC Pink: KGKG). Este movimiento estratégico refuerza la posición de Bemax en el mercado de Productos de Consumo envasados (CPG). Como parte del acuerdo, Bemax emitirá $200,000 en acciones comunes restringidas a los accionistas de Kona Gold Beverage como dividendo.
La adquisición permite a Bemax diversificar su oferta de productos y expandir su alcance en el mercado. Al integrar la innovadora marca de bebidas de Kona Gold con las capacidades operativas de Bemax, la empresa tiene como objetivo impulsar un crecimiento significativo y mejorar el valor para los accionistas. Este movimiento se alinea con la visión de Bemax de fortalecer su presencia en el sector CPG.
Bemax Inc. (OTC Pink: BMXC)가 Kona Gold Beverage, Inc. (OTC Pink: KGKG)로부터 Kona Gold를 성공적으로 인수했습니다. 이 전략적 움직임은 Bemax의 소비재 (CPG) 시장에서의 위치를 강화합니다. 거래의 일환으로, Bemax는 Kona Gold Beverage 주주에게 20만 달러의 제한된 보통주를 배당금으로 발행할 것입니다.
이번 인수는 Bemax가 제품 제공을 다양화하고 시장 범위를 확장할 수 있게 합니다. Kona Gold의 혁신적인 음료 브랜드를 Bemax의 운영 능력과 통합함으로써, 회사는 상당한 성장을 이끌고 주주 가치를 향상시키는 것을 목표로 하고 있습니다. 이 움직임은 CPG 부문에서 시장 존재감을 강화하려는 Bemax의 비전과 일치합니다.
Bemax Inc. (OTC Pink: BMXC) a acquis avec succès Kona Gold, de Kona Gold Beverage, Inc. (OTC Pink: KGKG). Ce mouvement stratégique renforce la position de Bemax dans le marché des biens de consommation emballés (CPG). Dans le cadre de l'accord, Bemax émettra 200 000 $ en actions ordinaires restreintes aux actionnaires de Kona Gold Beverage sous forme de dividende.
L'acquisition permet à Bemax de diversifier son offre de produits et d'étendre sa portée sur le marché. En intégrant la marque de boissons innovante de Kona Gold avec les capacités opérationnelles de Bemax, l'entreprise vise à générer une croissance significative et à améliorer la valeur pour les actionnaires. Ce mouvement s'inscrit dans la vision de Bemax de renforcer sa présence sur le marché CPG.
Bemax Inc. (OTC Pink: BMXC) hat erfolgreich Kona Gold von Kona Gold Beverage, Inc. (OTC Pink: KGKG) übernommen. Dieser strategische Schritt stärkt die Position von Bemax im Markt für Verbraucherverpackte Waren (CPG). Im Rahmen des Deals wird Bemax 200.000 $ in eingeschränkten Stammaktien an die Aktionäre von Kona Gold Beverage als Dividende ausgeben.
Die Akquisition ermöglicht es Bemax, sein Produktangebot zu diversifizieren und seine Marktreichweite zu erweitern. Durch die Integration der innovativen Getränkemarke von Kona Gold mit den operativen Fähigkeiten von Bemax zielt das Unternehmen darauf ab, erhebliches Wachstum zu erzielen und den Shareholder-Wert zu steigern. Dieser Schritt entspricht der Vision von Bemax, seine Marktpräsenz im CPG-Sektor zu stärken.
- Acquisition of Kona Gold, expands Bemax's product portfolio into the beverage market
- Diversification of offerings strengthens Bemax's position in the Consumer-Packaged Goods sector
- Integration of Kona Gold's brand loyalty with Bemax's operational capabilities may drive growth
- Potential for new market opportunities and enhanced product development in the CPG space
- Issuance of $200,000 in Restricted Common Shares may lead to dilution for existing Bemax shareholders
Strategic Move Solidifies Bemax's Position in the Consumer-Packaged Goods Market
Dallas, Georgia--(Newsfile Corp. - August 12, 2024) - Bemax Inc. (OTC Pink: BMXC), a private label development company with a focus on disposable diapers and women's hygienic sanitary products, is proud to announce the successful completion of its acquisition of Kona Gold, LLC from Kona Gold Beverage, Inc. (OTC Pink: KGKG). This acquisition marks a pivotal moment in Bemax's growth strategy, significantly enhancing its product offerings and expanding its market reach within the Consumer-Packaged Goods (CPG) sector.
"We are thrilled to officially welcome Kona Gold, LLC to the Bemax family," said Taiwo Aimasiko, CEO of Bemax, Inc. "This acquisition aligns perfectly with our vision to diversify and strengthen our market presence. By integrating Kona Gold's innovative product line and strong brand loyalty with Bemax's robust operational capabilities, we are well-positioned to drive significant growth and deliver enhanced value to our shareholders."
As part of the acquisition agreement, Bemax Inc. will issue Two Hundred Thousand Dollars (
The acquisition of Kona Gold, LLC allows Bemax Inc. to expand its footprint within the Consumer Packaged Goods (CPG) sector. By bringing Kona Gold's established beverage brand into its portfolio, Bemax is set to diversify its offerings and tap into new consumer markets. The company will leverage Kona Gold's market presence to enhance product development and explore fresh opportunities within the CPG space. This acquisition strengthens Bemax's position and supports its growth in the competitive CPG landscape.
With this acquisition now complete, Bemax is poised to accelerate its growth trajectory and deliver on its commitment to providing high-quality products to consumers. The company looks forward to building on the strong foundation established by Kona Gold and driving continued success in the years to come.
About Bemax Inc.
Bemax Inc. is a forward-thinking company dedicated to delivering top-quality disposable diapers and women's hygienic sanitary products. With a focus on innovation and customer satisfaction, Bemax continues to expand its product offerings and distribution network, aiming to exceed the expectations of its growing customer base.
About Kona Gold Beverage, Inc.
Kona Gold Beverage, Inc., operates as a holding company for innovative brands. Through its subsidiaries, Kona Gold LLC, Covert LLC, and Surge Distribution, LLC, it offers a diverse range of healthy energy drinks and other premium products and distribution services. Kona Gold's premium line of energy drinks caters to health-conscious consumers, alongside its innovative HighDrate D9 Drinks. Covert LLC, operating out of Charlotte, NC, specializes in high-quality products, including Delta-8, THCa, THC-P, and Kratom. Surge Distribution, LLC, operating out of Melbourne, FL, is a diverse distribution company offering beverage and CPG products to a variety of retail locations from big box grocery stores to small family-owned specialty shops. Headquartered in Melbourne, Florida, Kona Gold Beverage, Inc. is actively engaged in expanding its market presence through strategic acquisitions.
Safe Harbor Statement:
The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by use of the words "may," "will," "should," "plans," "expects," "anticipates," "continue," "estimate," "project," "intend," and similar expressions. The Company may also make written or oral forward-looking statements in its filings with the U.S. Securities and Exchange Commission, in press releases and other written materials, and in oral statements made by its officers, directors or employees to third parties. There can be no assurance that such statements will prove to be accurate. The Company cautions that these forward-looking statements are further qualified by other factors including, but not limited to, those set forth in the Company's Annual Reports on Form 10-K and its other filings with the Securities and Exchange Commission. Forward-Looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing various engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, shortages in components, production delays due to performance quality issues with outsourced components, and various other factors beyond the Company's control. The Company does not undertake any obligation to update publicly or to revise any statements in this release, whether as a result of new information, future events, or otherwise.
Bemax Inc.
Dallas, GA
USA
Taiwo Aimasiko
Email: admin@bemaxinc.com
Tel: (470) 582 0807 ext. 101
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/219590
FAQ
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