Smart for Life Announces LOI to Acquire State-of-the-Art Manufacturer of Vitamins and Supplements

December 15, 2023

https://www.globenewswire.com/news-release/2023/12/04/2790021/0/en/Smart-for-Life-Announces-LOI-to-Acquire-State-of-the-Art-Manufacturer-of-Vitamins-and-Supplements.html

MIAMI, Dec. 04, 2023 (GLOBE NEWSWIRE) — Smart for Life, Inc. (Nasdaq:SMFL) (“Smart for Life” or the “Company”), a high growth global leader in the Health & Wellness sector marketing and manufacturing nutritional foods and supplements worldwide, today announced that it has executed a Letter of Intent (LOI) to acquire a state-of-the-art manufacturer of vitamins and supplements, which is expected to add an estimated $20 million of revenue on a pro forma basis over the next year.

Read more at globenewswire.com

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