Forbidden Foods Ltd (AU:FFF) has released an update.
Forbidden Foods Ltd has announced the strategic acquisition of Oat Milk Goodness, a plant-based non-dairy milk company co-founded by cricketer Steve Smith, for $3.42 million, paid in shares. The deal aims to expand Forbidden Foods’ product range, combining their healthy snack offerings with OMG’s popular oat milk products to target health-conscious consumers and capitalize on the growing demand for health-focused foods. It also promises to streamline operations and drive growth domestically and internationally, with a specific focus on expansion in the Indian market.
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