Little West will continue to be run and operated by its founders Cassandra Troy and Andrew Walker, Brad Neumann and their California-based team, while leveraging PlantX’s extensive e-commerce platform, technical business expertise and marketing resources
PlantX Life Inc. (CSE:VEGA) (FRA:WNT1) (OTCQB:PLTXF) said it has closed on the transaction to acquire privately-held Little West LLC, a cold-pressed juice maker based in California, in an all-stock transaction.
The company announced on April 30, 2021, that its wholly-owned subsidiary PlantX Lifestyle USA Inc. had entered into a membership interest purchase agreement dated April 29, 2021, to acquire all of the issued and outstanding limited liability membership interest of Little West. The acquisition closed at previously disclosed terms, the company added.
PlantX Life said the acquisition of Little West provides it with expertise in the cold-pressed juice vertical which it is anticipated will enable the company to further grow in the North American market.
READ: PlantX Life to buy US cold-pressed juice maker Little West in an all-stock deal
Little West will continue to be run and operated by its founders Cassandra Troy and Andrew Walker, Brad Neumann and their California-based team, while leveraging PlantX’s extensive e-commerce platform, technical business expertise and marketing resources in aims of promoting Little West products and accelerate the company’s expansion across the US and Canada.
“It is truly…
