Metavesco Explores Potential Acquisition of Historic South Carolina Distillery
METAVESCO INC. (MVCO)
Company Research
Source: PR Newswire
CUMMING, Ga., June 18, 2024 /PRNewswire/ -- Metavesco, Inc. (OTC PINK:MVCO), a web3 enterprise and digital asset innovator, announced today that it is exploring the potential acquisition of one of the oldest distilleries in South Carolina. The company has begun a formal due diligence process and is preparing to move quickly towards drafting a Letter of Intent.Metavesco, Inc. CEO Ryan Schadel expressed his enthusiasm about the potential acquisition after visiting the distillery and meeting with its dedicated staff. "We are very excited about the opportunity to acquire this award-winning distillery," said Schadel. "The facilities are top-notch, and the team's commitment to excellence is evident. This acquisition would align perfectly with our strategy to expand our portfolio with high-quality brands."While there is no guarantee that a deal will be finalized, Metavesco is committed to conducting thorough due diligence to ensure the potential acquisition meets the company's strategic goal
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