ALKM Announces Acquisitions of Maury Island Farm Jams and Preserves and Quinn's Pepper Jellies
January 06 2022 - 10:58AM
InvestorsHub NewsWire
LAS VEGAS, NV -- January 6, 2022 --
InvestorsHub NewsWire -- Alkame Holdings, Inc. (OTC
PINK: ALKM), a publicly traded diversified holding company, is
pleased to announce that its wholly owned subsidiary, West Coast
Copacker Inc., has closed on the acquisitions of two specialty food
brands: Maury Island Farm and Quinn’s Pepper Jellies. The
acquisition includes intellectual property, inventory, and
production equipment. The acquisitions were completed without
issuance of any company stock.
Both product lines are native to the
Pacific Northwest with fruits and ingredients procured from the
local region and handcrafted in small batches. The integrity of
these long-standing brands will continue as the acquisition allows
a seamless transition for both companies to work together in
ensuring a smooth and speedy integration. Although these regional
brands have a long history of annual revenue in the $700,000 to
$1,000,000 range, the West Coast Copacker capabilities look to
exceed the revenue models by up to 4x within the first year or two,
and expectations are to grow these brands into additional regions
towards a national brand status.
Robert Eakle, Alkame Holdings CEO, States,
“We are very excited to begin production of Quinn’s and Maury
Island, and really watch this grow into something spectacular. Both
brands fit nicely into our future vision and our longer-term plans
which include entrance in the direct-to-consumer sector as well as
national distribution partners. This is a tremendous opportunity
for us to see both consistent production and cash flow, as well as
strategic growth over the next 5 years. I look forward to providing
additional corporate updates in the very near
future”.
About West Coast Co
Packer, Inc.
West Coast Co Packer, Inc., is a wholly
owned subsidiary of Alkame Holdings, Inc. and is a specialty food
& beverage manufacturer, co-packer, private labeler, and
contract manufacturer, and is expected to immediately complement
and seamlessly integrate with Alkame’s other subsidiaries including
Bell Food and Beverage, Inc. Bell Food and Beverage, Inc. is a
specialty natural, organic liquid-based hot and cold fill food
& beverage manufacturer in glass and PET bottles and jars. To
learn more about West Coast Copacker visit www.westcoastcopacker.com.
About Alkame
Holdings, Inc.
Alkame Holdings, Inc. is a diversified
publicly traded holding company. The Company's wholly owned
subsidiaries manufacture products that utilize an enhanced water
proprietary technology when applicable to create products with
several unique properties. The organization is diligently building
a strong foundation through the launch and acquisition of
appropriate business assets, and by pursuing multiple applications
by placement into several emerging business sectors, such as
consumer food and beverages products, hemp products, household pet
products, horticulture and agriculture applications, hand
sanitizers, and many other various water-based treatment solutions
to both new and existing business platforms. For more information,
visit www.alkameholdingsinc.com.
Alkame Holdings, Inc. Investor
Relations
Website: www.alkameholdingsinc.com
Email: info@alkameholdingsinc.com
Disclaimer/Safe Harbor: This news release
contains forward-looking statements within the meaning of the
Securities Litigation Reform Act. The statements reflect the
Company's current views with respect to future events that involve
risks and uncertainties. Among others, these risks include the
expectation that Alkame will achieve significant sales, the failure
to meet schedule or performance requirements of the Company's
contracts, the Company's liquidity position, the Company's ability
to obtain new contracts, the emergence of competitors with greater
financial resources and the impact of competitive pricing. In the
light of these uncertainties, the forward-looking events referred
to in this release might not occur. These statements have not been
evaluated by the Food and Drug Administration. These products are
not intended to diagnose, treat, cure, or prevent any
disease.
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