American Green, Inc. Signs LOI to Acquire VendWeb

March 30, 2022

American Green, Inc. (OTC:ERBB) signed a binding letter of intent to acquire VendWeb, the supplier of its American GreenX smart vending machines that include facial-recognition and over-21 ID verification. The acquisition will give American Green control over manufacturing, software development and integration for its vending platform and is intended to accelerate expansion of its age-restricted product vending business; final agreement details were to be announced following board approval.

Buyers
American Green, Inc.
Targets
VendWeb
Industry
Manufacturing
Location
North Carolina, United States
Transaction Type
Buyout

Explore More

Related Acquisitions

Track M&A activity that matters to you

Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.