tiprankstipranks
Trending News
More News >

DayDayCook enters agreement to acquire Yai’s Thai, terms not disclosed

DDC Enterprise has entered into an agreement to acquire Yai’s Thai, a Thai American food brand. The acquisition will significantly expand DayDayCook’s U.S. footprint and will be financed through a combination of both cash and stock. Yai’s Thai is a leading Thai American food brand, with anticipated revenues of $8M-$10M in 2023. The company’s focus on high quality, real food ingredients has resulted in rapid growth in the ready-to-eat market with significant new innovations and continued growth expected in 2024. Yai’s products are currently sold through over 4,500 stores nationwide including Costco, Whole Foods Market, Safeway, Sprouts, and Kroger. The acquisition is subject to customary closing conditions and is expected to be completed by year end.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

See the top stocks recommended by analysts >>

Read More on DDC:

Disclaimer & DisclosureReport an Issue