Koios Beverage Corp. Acquires Retox Beverage Corp.
April 5, 2022
Koios Beverage Corp. signed a definitive agreement to acquire all issued and outstanding securities of Retox Beverage Corp., a privately held producer of creative soft beverages, sodas and seltzers focused on the bar-mix market. Consideration for the acquisition is 15,000,000 units of Koios (deemed $0.10 per unit, aggregate $1.5 million); the transaction is subject to customary closing conditions and regulatory approvals.
- Buyers
- Koios Beverage Corp.
- Targets
- Retox Beverage Corp.
- Sellers
- Shareholders of Retox Beverage Corp.
- Industry
- Food & Beverage
- Location
- Colorado, United States
- Transaction Type
- Buyout
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