Business
Happy Belly Food Group Closes Earn-Out Agreement of Via Cibo Restaurant Chain
Toronto, Ontario--(Newsfile Corp. - September 30, 2025) - Happy Belly Food Group Inc. (CSE: HBFG) (OTCQB: HBFGF) ("Happy Belly" or the "Company"), a leader in acquiring and scaling emerging food brands is pleased to announce the closing of the earn-out agreement regarding the acquisition of the Via Cibo Restaurant Chain ("Via Cibo"). Via Cibo delivers fast-casual Italian street food crafted with the finest traditional ingredients, offering a chef-driven culinary experience for anyone seeking...
About this update from Happy Belly Food Group Inc
[{"type":"text","content":"Toronto, Ontario--(Newsfile Corp. - September 30, 2025) - Happy Belly Food Group Inc. (CSE: HBFG) (OTCQB: HBFGF) ("Happy Belly" or the "Company"), a leader in acquiring and scaling emerging food brands is pleased to announce the closing of the earn-out agreement regarding the acquisition of the Via Cibo Restaurant Chain ("Via Cibo"). Via Cibo delivers fast-casual Italian street food crafted with the finest traditional ingredients, offering a chef-driven culinary experience for anyone seeking fresh, authentic flavor.","length":551,"tagName":"p"},{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","className":"","disableSlideshowImg":false,"size":{"original":{"width":550,"height":551,"url":"https://media.zenfs.com/en/newsfile_64/6c6249f48d4b321989564db83ed07310"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/20dXgANUa_ce.fcDpQCA2A--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTk2MjtjZj13ZWJw/https://media.zenfs.com/en/newsfile_64/6c6249f48d4b321989564db83ed07310","width":550,"height":551}},"href":"https://images.newsfilecorp.com/files/6625/268509_b0a8a7b9e46d0a8b_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/6625/268509_b0a8a7b9e46d0a8b_001full.jpg","length":137,"tagName":"p","attribs":{}},{"type":"text","content":""Since the accretive acquisition of Via Cibo in early 2024, the brand has accelerated within our franchising framework. Via Cibo, like all brands that join the Happy Belly family has integrated with our favourable supplier contracts, rebate system integration, ordering and logistical systems, leveraged shared resources encompassing culinary, accounting and marketing staff for increased labour and productivity efficiencies, and much more," said Sean Black, Chief Executive Officer of Happy Belly. The integration has yielded a realized increased EBITDA for the brand while maintaining a customer first approach to serving a great product with great value. We have grown the Via Cibo footprint with a newly opened location in the Barrhaven region in the city of Ottawa. We have signed our second new franchisee since acquisition for the Niagara Falls region of Ontario, and...