DayDayCook Acquires Beloved Asian Food Brand, Omsom
DDC Enterprise Limited (DDC)
US:NYSE Investor Relations:
phx.corporate-ir.net/phoenix.zhtml?c=65233&p=irol-irhome
Company Research
Source: GlobeNewswire
NEW YORK, June 12, 2024 (GLOBE NEWSWIRE) -- DDC Enterprise, Ltd., (NYSEAM: DDC) (“DayDayCook,” “DDC,” or the “Company”), a leading multi-brand Asian consumer food company, today announces it has acquired Omsom, the proud and loud Asian food brand that has quickly garnered a devoted following for its Cooking Sauces, Saucy Noodles, and bold cultural commentary. The acquisition, which consists of a combination of DDC’s cash and stock paid out over four years, is expected to accelerate new product innovation for Omsom, with R&D anticipated to take half the time from idea to aisle. Operational synergies between the two companies will also streamline processes and improve financial metrics. Further, the two companies share a mission and vision, and together with DDC's expanding portfolio, are poised to become a leading force in the Asian food industry. “We are delighted to welcome Omsom to DayDayCook. Founders Vanessa and Kim are passionate about Asian cuisine and have created a bold b
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DDC
News
- DayDayCook Names Jeffrey Ervin as Co-Chief Financial Officer [Yahoo! Finance]Yahoo! Finance
- DayDayCook Names Jeffrey Ervin as Co-Chief Financial OfficerGlobeNewswire
- DayDayCook Names Food and Beverage Industry Stalwart Malik Sadiq as Chief Operating Officer [Yahoo! Finance]Yahoo! Finance
- DayDayCook Names Food and Beverage Industry Stalwart Malik Sadiq as Chief Operating OfficerGlobeNewswire
- DayDayCook Names Food and Beverage Industry Stalwart Malik Sadiq as Chief Operating Officer [Yahoo! Finance]Yahoo! Finance
DDC
Sec Filings
- 6/25/24 - Form 6-K
- 6/21/24 - Form 6-K
- 6/20/24 - Form 6-K
- DDC's page on the SEC website