GROVE CITY, Pa., Nov. 25, 2024 (GLOBE NEWSWIRE) — Fast Casual Concepts, Inc. (OTC: FCCI) announces it is acquiring 100% of CK Distribution.
CK Distribution is a wholesale and retail distributor of nonalcoholic mixers throughout the State of Florida. The acquisition is the first step towards a new business direction of Fast Casual Concepts, Inc. Prior to this acquisition, the Company underwent a 1 for 4 reverse stock split and the total remaining common shares outstanding are 26,112,754. Management intends to provide the shareholders with the best opportunities possible and the board of directors believes that this acquisition will position the Company well for future growth and opportunity.
George Athanasiadis, CEO of Fast Casual Concepts, Inc. stated, “This acquisition is an exciting new opportunity, and I believe we have an opportunity for rapid growth in a very lucrative market.”
About CK Distribution:
CK Distribution sells nonalcoholic mixers through wholesale and retail channels. Some of CK Distributions’ products can be found at www.7sinsmixes.com.
