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Happy Belly Food Group Inc. completes acquisition of IQ Foods Co. to consolidate emerging brands within the premium healthy and clean eating sector

PRIVATESep 06, 2024

Acquiring Company

Happy Belly Food Group

Acquired Company

IQ Foods

VancouverTorontoFood and BeverageFood and BeverageHealth CareHospitality

Description

Happy Belly Food Group Inc., a leading consolidator of emerging food brands, has acquired 100% of beloved Toronto-based QSR brand IQ Foods Co. This strategic acquisition represents Happy Belly's first steps in executing the next phase of its business strategy by consolidating emerging brands within sectors, in addition to developing emerging brands. IQ Foods Co. represents the largest single acquisition of corporate-owned stores that Happy Belly has made to date, strategically situated in urban and central business districts and expanding into catering services.

Quick answer

Happy Belly Food Group is acquiring IQ Foods, announced September 6, 2024. Happy Belly Food Group is based in Vancouver, British Columbia, Canada.

How much did Happy Belly Food Group pay for IQ Foods?
The deal value was not disclosed.
What does Happy Belly Food Group do?
Happy Belly Food Group Inc. is a leading consolidator of emerging food brands, focused on the development and growth of emerging brands in the food sector.
Where are Happy Belly Food Group and IQ Foods based?
Happy Belly Food Group is based in Vancouver, British Columbia, Canada. IQ Foods is based in Toronto, Ontario, Canada.
Who are the decision-makers at Happy Belly Food Group?
Fundz holds 1 contact at Happy Belly Food Group. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Happy Belly Food Group

Location

Vancouver, British Columbia, Canada

About

Happy Belly Food Group Inc. is a leading consolidator of emerging food brands, focused on the development and growth of emerging brands in the food sector. This acquisition marks a significant stride forward in Happy Belly’s journey to becoming a leading consolidator of emerging food brands.

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Frequently asked

Who acquired IQ Foods?

IQ Foods was acquired by Happy Belly Food Group, based in Vancouver. The deal was reported on September 6, 2024. Happy Belly Food Group Inc. is a leading consolidator of emerging food brands, focused on the development and growth of emerging brands in the food sector. Happy Belly Food Group is privately held and operates in Food and Beverage.

When did Happy Belly Food Group acquire IQ Foods?

Happy Belly Food Group's acquisition of IQ Foods was reported on September 6, 2024. Happy Belly Food Group Inc., a leading consolidator of emerging food brands, has acquired 100% of beloved Toronto-based QSR brand IQ Foods Co. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does IQ Foods do?

IQ Foods Co. is a beloved Toronto-based QSR brand offering a variety of delicious, wholesome options like healthy bowls, smoothies, sandwiches, soups, and salads, along with other flavorful clean-eating dishes. It is privately held, operating in Food and Beverage, and is based in Toronto.

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