ReTo Eco-Solutions, Inc. Announces Acquisition of Majority Interest in MeinMalzeBier Holdings Limited
Earlier this year, ReTo launched the sales of its proprietary smart craft beer machines, marking a strategic expansion of its intelligent equipment into the beverage market. The acquisition of MeinMalzeBier is expected to create strong synergies with the Company's new product line, leveraging MeinMalzeBier's established sales network and market experience to accelerate product adoption and market penetration. The combination of the two businesses is expected to enhance the Company's market reach, improve cash flow, and contribute positively to its overall financial performance.
"We believe that integrating MeinMalzeBier's business into our operations has strong potential to accelerate our expansion of our intelligent equipment market," said Hengfang Li, Chief Executive Officer of ReTo. "This acquisition marks an important milestone in our ongoing strategy to diversify and strengthen our business portfolio. MeinMalzeBier's market expertise is complementary to our existing operations, and we expect to realize meaningful synergies that will bolster our long-term financial health and market competitiveness."
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This press release contains forward-looking statements. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. The Company's actual results may differ materially and adversely from those expressed in any forward-looking statements as a result of various factors and uncertainties, including market conditions, regulatory developments, and the Company's ability to successfully integrate the acquired business. The reports filed by the Company with the
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Tel: +86-10-64827328
Email: ir@retoeco.com or 310@reit.cc
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