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Better Choice Company Signs Definitive Agreement to Sell Halo Asia for $8.1 Million
Feb 19, 2025•over 1 year ago
Contract Type
agreement
New York
Description
Better Choice Company has signed a definitive agreement with CZC Company LTD to sell its Halo business in Asia for total gross proceeds of $8.1 million, including $6.5 million in cash at closing, along with a 3% royalty on sales over the next five years. Better Choice will retain ownership of its North American and rest-of-world ex-Asia operations.
Company Information
Company
Better Choice Company
Location
New York, United States
About
Better Choice Company (BTTR) is committed to deliver better nutrition and wellness choices to help furry family members live healthier, happier, and longer lives.
Our brands Halo and TruDog have a combined 35+ years or experience in the pet food industry.
Predictive Intelligence
Strategic
ML-powered predictions for Better Choice Company's next move
New York