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Coho Collective Kitchens Inc

02:21 PM EST - Coho Collective Kitchens Inc : Announces it has entered into a definitive purchase agreement with Twin Lakes Investments Inc., Paula Lamming, Mark Lamming, Jack Lamming, Purebread. Bakery Inc., and Coho Acquisition Corp. for the purchase of Purebread. Purebread is one of Canada's fastest growing and most respected independent bakery and cafe businesses. Purebread currently operates six locations and it is expected that Purebread's existing team will continue to operate the brand under its current name, with plans to expand operations nationally. Purebread is currently generating annual revenue of over $10 million1, with a strong profit margin and clear path to scale. Coho Collective Kitchens Inc shares V.COHO are trading up $0.06 at $0.23.

Full Press Release: https://www.baystreet.ca/quotedata/quote.aspx?ticker=COHO%3ACA&qmodStoryID=6284748814069412