Home Bistro, Inc. Acquires Model Meals
ACCESSWIRE
Company Expands with Lifestyle Brand and West Coast Operations
MIAMI BEACH, FL / ACCESSWIRE / July 7, 2021 / Home Bistro, Inc. (OTC:HBIS) ( Home Bistro or the Company ), a leading online platform that offers celebrity chef-inspired, gourmet ready-made meals shipped directly to consumers, announced today that it has acquired Model Meals, a California-based ready-to-eat, healthy meal service. The transaction was valued at approximately $2.1 million with the majority of the purchase price paid in shares of the Company s restricted common stock. The acquisition extends Home Bistro s food production and fulfillment capabilities to the western region of the U.S. Model Meals, Inc. is now a wholly-owned subsidiary of Home Bistro, Inc.
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Home Bistro, Inc Acquires Model Meals
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