Business
Happy Belly Food Group Closes Acquisition of SALUS Fresh Foods QSR Restaurant Chain
Toronto, Ontario--(Newsfile Corp. - August 21, 2025) - Happy Belly Food Group Inc. (CSE: HBFG) (OTCQB: HBFGF) ("Happy Belly" or the "Company"), a leader in acquiring and scaling emerging food brands across Canada is pleased to announce that further to its news release on November 1st, 2024 announcing the signing of a definitive agreement to acquire 50% of the SALUS ("Salus") Fresh Foods Restaurant Chain, all closing matters have been completed and the acquisition ...
About this update from Happy Belly Food Group Inc
[{"type":"text","content":"Toronto, Ontario--(Newsfile Corp. - August 21, 2025) - Happy Belly Food Group Inc. (CSE: HBFG) (OTCQB: HBFGF) ("Happy Belly" or the "Company"), a leader in acquiring and scaling emerging food brands across Canada is pleased to announce that further to its news release on November 1st, 2024 announcing the signing of a definitive agreement to acquire 50% of the SALUS ("Salus") Fresh Foods Restaurant Chain, all closing matters have been completed and the acquisition has closed. Salus serves fresh bowls, sandwiches, wraps, soups, smoothies and healthy treats the whole family can enjoy.","length":618,"tagName":"p"},{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","className":"","disableSlideshowImg":false,"size":{"original":{"width":207,"height":89,"url":"https://media.zenfs.com/en/newsfile_64/59e4bd58dd4d8f37dcf8ee1acbdbee4a"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/8KDrtCq4fYXd2iyy2cF1EA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTM2MDtoPTE1NTtjZj13ZWJw/https://media.zenfs.com/en/newsfile_64/59e4bd58dd4d8f37dcf8ee1acbdbee4a","width":207,"height":89}},"href":"https://images.newsfilecorp.com/files/6625/263315_03c93361d42bcba6_001full.jpg","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Happy Belly 1","length":13,"tagName":"p","attribs":{}},{"type":"text","content":"To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/6625/263315_03c93361d42bcba6_001full.jpg","length":137,"tagName":"p","attribs":{}},{"type":"text","content":""Happy Belly entered the first half of 2025 with strong organic growth across its portfolio of emerging brands. Building on this momentum, the company is proud to announce inorganic growth with the accretive acquisition of Salus on a debt free and cashflow positive basis, taking our business to the next level as we begin consolidating sectors to create a high-performing portfolio of brands," said Sean Black, Chief Executive Officer of Happy Belly. "With this acquisition, Happy Belly adds its tenth (10th) restaurant brand and twelfth (12th) food brand overall, totalling 73 restaurants and advancing our mission to become Canada's leading consolidator of emerging food brands."","length":706,"tagName":"p"},{"type":"text","content":"Salus Fresh Foods is an asset light 100% franchised system...