Reborn Coffee Announces Letter of Intent to Acquire Majority Stake in Derin Lezzetler, an Istanbul, Turkey-based Artisan Snack and Frozen Bakery Producer [Yahoo! Finance]
Reborn Coffee, Inc. (REBN)
Company Research
Source: Yahoo! Finance
BREA, Calif., May 21, 2024 (GLOBE NEWSWIRE) -- Reborn Coffee, Inc. (NASDAQ: REBN) ("Reborn", or the "Company"), a California-based retailer of specialty coffee, today announced that it has signed a Letter of Intent (LOI) to acquire a 55% majority stake in Derin Lezzetler, a leading artisan snack and frozen bakery producer based in Istanbul, Turkey. This strategic move marks a significant milestone in Reborn Coffee's expansion into the health-conscious food market and its plans to further penetrate the US, Europe, Middle East, and Asia Pacific regions. Derin Lezzetler has been at the forefront of producing high-quality gluten-free and artisan snacks since its establishment in 2015. The company has developed a robust distribution network that includes globally recognized brands such as Starbucks, Caffe Nero, Gate Plus, Costa Coffee, Migros, Shell, Espressolab, and Coffy, making its products available worldwide. "This Letter of Intent aligns perfectly with our vision to enhance our
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News
- Reborn Coffee Launches on Amazon, Expanding OMNI-Channel Strategy for E-Commerce Growth [Yahoo! Finance]Yahoo! Finance
- Reborn Coffee Launches on Amazon, Expanding OMNI-Channel Strategy for E-Commerce GrowthGlobeNewswire
- Reborn Coffee Unveils Major Global Expansion for Premium Brand Growth in China and Southeast Asia [Yahoo! Finance]Yahoo! Finance
- Reborn Coffee Unveils Major Global Expansion for Premium Brand Growth in China and Southeast AsiaGlobeNewswire
- Reborn Coffee Announces Letter of Intent to Acquire Majority Stake in Derin Lezzetler, an Istanbul, Turkey-based Artisan Snack and Frozen Bakery ProducerGlobeNewswire
REBN
Sec Filings
- 5/23/24 - Form 8-K
- 5/15/24 - Form NT
- 5/15/24 - Form 8-K
- REBN's page on the SEC website