- Eat Well closed the acquisition of Sapientia on July 31, 2021
- The acquisition was for a consideration of 3,741,969 common shares, and a cash payment of US$6.51 million in installments payable up to July 8, 2022
- Eat Well just paid its last installment of $840,000, marking a significant milestone for the company
- It now looks to continue building on Sapientia’s momentum by accelerating production and collaborating with other portfolio companies to meet existing and new demand, increase distribution and product offerings
In a study conducted by Gartner in 2019 on 473 Chief Executive Officers (“CEOs”) and senior business executives, 53% of the participants cited the growth of their businesses as their key priority going forward. They further noted that one of the fastest ways to grow their businesses was to enter new markets and reach previously inaccessible customers. Mergers and acquisitions (“M&A”), they said, would help achieve this objective while also exposing their businesses to more benefits associated with the move (https://ibn.fm/oh8k1).
Consequently, M&A would define 2020 and 2021. In a 2022 mid-year update, PWC noted that at the start of 2022, dealmakers were “riding high from the best year on record for global M&A.” According to the report, 2021 saw over 60,000 publicly disclosed deals, valued at over US$5tn, a first in the history of…
NOTE TO INVESTORS: The latest news and updates relating to EWGFF are available in the company’s newsroom at https://ibn.fm/EWGFF
About ESGWireNews
ESGWireNews delivers up-to-date information and actionable intelligence on public companies committed to sustainable corporate practices. As one of 50+ brands within the InvestorBrandNetwork (“IBN”), ESGWireNews provides: (1) access to a network of wire solutions via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible; (2) article and editorial syndication to 5,000+ news outlets; (3) enhanced press release solutions to ensure maximum impact; (4) social media distribution via IBN to reach millions of social media followers; and (5) a full array of corporate communications solutions. Environmental, social and governance (ESG) issues aren’t just buzzwords. The growing threat of climate change has moved large investors, like pension funds and insurance reserves, to action and screen investments based on sustainability and environmental impact. ESG criteria are increasingly guiding the investment choices of large institutional investors, and blue-chip companies have taken notice. ESGWireNews aims to uncover the emerging growth companies following their lead. If you’re interested in aligning your values with your investment portfolio, you’re in the right place.
To receive SMS text alerts from ESGWireNews, text “ESG” to 844-397-5787 (U.S. Mobile Phones Only)
For more information, please visit https://www.ESGWireNews.com
Please see full terms of use and disclaimers on the ESGWireNews website applicable to all content provided by ESGWireNews, wherever published or re-published: https://www.ESGWireNews.com/Disclaimer
ESGWireNews
Los Angeles, California
www.ESGWireNews.com
310.299.1717 Office
Editor@ESGWireNews.com
ESGWireNews is part of the InvestorBrandNetwork
