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KRTL Holding Group Inc. (OTC:KRTL) Acquires Majority Stake in Camelot’s Nutrition Corp., Expanding Its Footprint in the U.S. Health and Nutrition Market
KRTL Holding Group Inc. (OTC:KRTL) Acquires Majority Stake in Camelot’s Nutrition Corp., Expanding Its Footprint in the U.S. Health and Nutrition Market.
About this update from Krtl Holding Group, Inc
[{"type":"text","content":"KRTL Holding Group Inc. (OTC: KRTL), (the “Company,” or “KRTL”) a diversified\r\nholding company with interests in biotech, agriculture, and emerging markets,\r\nis proud to announce that its wholly owned subsidiary, KRTL International\r\nCorp., (“KRTL International”) has acquired a controlling interest in Camelot’s\r\nNutrition Corp. (“Camelot”), a U.S.-based company focused on delivering health\r\nand nutrition products through e-commerce, outsourced production, and strategic\r\nbrand partnerships.\r\nUnder the definitive acquisition\r\nagreement, KRTL International acquired a 51% equity stake in Camelot, resulting\r\nin Camelot becoming a majority-owned subsidiary within KRTL. This partnership\r\nallows KRTL to expand its reach into the growing health and nutrition sector,\r\nwhile enabling Camelot to accelerate its go-to-market strategy through digital\r\nchannels and scalable operations.\r\nAs part of the transaction, KRTL\r\nHolding Group Inc. issued 250,000 restricted common shares to each of Camelot’s\r\nco-founders, Richard Young and Richard Barcia. The agreement provides for up to\r\n2.5 million additional restricted shares in the aggregate issuable upon\r\nachievement of specified performance milestones over a five-year period,\r\nincluding revenue benchmarks, product onboarding, and long-term valuation\r\ntargets.\r\n“Camelot’s strategic fit within our\r\nhealth and nutrition vertical is exceptional,” said Cesar Herrera, CEO of KRTL\r\nHolding Group Inc. “They bring operational agility, a ready-to-scale product\r\nmodel, and a clear pathway to delivering trusted wellness solutions through\r\nmodern, direct-to-consumer channels. Their infrastructure aligns with our\r\nvision to lead in digital health innovation, while maintaining a strong\r\nfoundation in regulatory compliance and scalable growth.”\r\nCamelot will continue day-to-day\r\noperations under its existing management team, while coordinating closely with\r\nKRTL International on compliance, reporting, and growth initiatives. Its model\r\nemphasizes outsourced manufacturing, drop shipping logistics, and digital\r\nstorefronts to bring health and wellness products to market efficiently and\r\ncost-effectively.\r\nCamelot has completed its internal\r\nlabeling and compliance review processes, and its digital storefront is now\r\nlive, with proprietary products ...