Daydaycook Announces Agreement To Acquire 51% Of Italian G.L. Industry S.P.A, A Specialized Asian Food Brand
Acquiring Company
DDC Enterprises
Acquired Company
GL-Industry
CavriagoManufacturingFood and BeverageFood And BeverageHospitalityFood ProcessingFood And BeverageDescription
DDC Enterprise, Ltd., (NYSEAM: DDC) (“DayDayCook,” “DDC,” or the “Company”), a leading content-driven food consumer brand, announces it has entered into an agreement to acquire 51% of G.L. Industry S.p.A (“GLI”), an Italian producer of specialized Asian ready-meals. The acquisition will continue the expansion of DayDayCook’s international footprint and will be financed through a combination of cash and DDC stock. Oaklins HFG China provided advisory services for this transaction.
Quick answer
DDC Enterprises is acquiring GL-Industry, announced January 10, 2024.
- How much did DDC Enterprises pay for GL-Industry?
- The deal value was not disclosed.
- What does DDC Enterprises do?
- DDC Enterprise Limited is spearheading the corporate Bitcoin treasury revolution while maintaining its foundation as a leading global Asian food platform.
- Where are DDC Enterprises and GL-Industry based?
- GL-Industry is based in Cavriago, Italy.
Source: Fundz verified event record.
Other recent acquisitions in Food and Beverage and Food And Beverage
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- Daydaycook Announces Agreement To Acquire Leading American Ready-To-Eat Thai Food Brand Yai’S Thai (December 26, 2023)
- Middleby Acquires GBT GmbH Bakery Technology (February 7, 2024)
- Broadside Enterprises, Inc. (OTC: BRSE) Acquires Digital Food Service Platform (January 16, 2024)
- Chobani Acquires La Colombe (December 15, 2023)
- HASA Acquires Salt-to-Bleach Manufacturer Chem Eleven from FSTI, Inc. (February 19, 2024)
- Renesas to Acquire PCB Design Software Leader Altium to Make Electronics Design Accessible to Broader Market and Accelerate Innovation (February 14, 2024)
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Frequently asked
Who acquired GL-Industry?
GL-Industry was acquired by DDC Enterprises. The deal was reported on January 10, 2024. DDC Enterprise Limited is spearheading the corporate Bitcoin treasury revolution while maintaining its foundation as a leading global Asian food platform. DDC Enterprises is privately held and operates in Manufacturing.
When did DDC Enterprises acquire GL-Industry?
DDC Enterprises's acquisition of GL-Industry was reported on January 10, 2024. DDC Enterprise, Ltd., (NYSEAM: DDC) (“DayDayCook,” “DDC,” or the “Company”), a leading content-driven food consumer brand, announces it has entered into an agreement to acquire 51% of G.L. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does GL-Industry do?
GL Industry is a factory specialized in the production of Asian food for restaurants and large-scale retail trade. It is privately held, operating in Food And Beverage, and is based in Cavriago.
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