Trxade Health’s Superlatus to acquire assets of Spero Foods

Superlatus, wholly owned subsidary of TRxADE HEALTH (NASDAQ: MEDS), entered into an all-cash asset purchase agreement to acquire the assets of Spero Foods on October 2, 2023. The acquisition expands Superlatus growing portfolio of CPG brands under their Urgent Company umbrella, joining Coolhaus, Modern Kitchen, Brave Robot, and others. The purchase of Spero will produce affordable, clean, sustainable plant-based dairy and egg alternatives. “We are thrilled to welcome the Spero Food brands to our portfolio of CPG assets,” said Superlatus CEO Timothy Alford. “Knowing that climate change affects every person on the earth, Spero has taken it upon themselves to create delicious, nutritious, and sustainable plant-based foods that are competitive in pricing to traditional dairy products. Together with the Spero team, we are most excited by the new opportunities to grow Spero globally.”