Aegis Brands Inc. (TSE:AEG) has released an update.
Aegis Brands Inc. has successfully completed the sale of Bridgehead Coffee’s assets, including its roasting and wholesale business, to Pilot Coffee Group of Companies for $3.5 million in cash. This strategic move allows Aegis Brands to focus on growing its portfolio which includes St. Louis Bar and Grill and Wing City, while Pilot Coffee Roasters expands its national presence in the specialty coffee market.
For further insights into TSE:AEG stock, check out TipRanks’ Stock Analysis page.
