Jeffs’ Brands Ltd. ( (JFBR) ) has provided an announcement.
On March 10, 2025, Jeffs’ Brands Ltd entered into a definitive agreement to acquire Pure NJ Logistics LLC, a logistics center in New Jersey, for $2.6 million. This acquisition is expected to enhance Jeffs’ Brands’ supply chain capabilities and support its growth strategy by providing a strategic location near major transportation hubs. The acquisition involves a base payment of $2.1 million and a deferred payment of $500,000, with additional security measures in place for repayment. This move is anticipated to streamline operations, optimize logistics, and expand capacity, potentially benefiting stakeholders by improving efficiency and meeting increasing demand.
More about Jeffs’ Brands Ltd.
Jeffs’ Brands Ltd is a data-driven e-commerce company that operates on the Amazon Marketplace. The company focuses on transforming e-commerce by creating and acquiring products to turn them into market leaders, leveraging both human capability and advanced technology.
YTD Price Performance: -46.24%
Average Trading Volume: 265,202
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1.03M
For an in-depth examination of JFBR stock, go to TipRanks’ Stock Analysis page.
Trending Articles:
Questions or Comments about the article? Write to editor@tipranks.com