PFT acquires Elato Ice Cream
Filed with ASX · · 3 pages · English
▪ Elato is currently sold on the East Coast of mainland Australia, in cinemas and over 400 supermarkets, including Woolworths, generating $600k+ in annualised revenue; ▪ Initial payment of $50,000 in PFT shares issued at the 14 day VWAP (which is 3.1c) with additional milestone-based earn-outs linked to the revenue and margin performance of the newly established Ice Cream Division (previously The
Pure Foods Tasmania Ltd. on 6ix
Earlier from Pure Foods Tasmania
- Update and Appendix 4C
- Trading update
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- Appendix 4E - Preliminary Final Report
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