Tuesday, May 08, 2018 11:45:10 AM
ATLANTA, May 08, 2018 (GLOBE NEWSWIRE) -- US Highland Inc. (OTC Pink:UHLN) ("The Company") today announced that additional exciting new “add on” acquisitions have been targeted and negotiations have begun to ascertain value, risk and integration agendas with the existing “Platform” acquisition. Also, along with our corporate governance & policies, the Company’s quarterly filings are up to date. The Company has formalized its new name and will file a Corporate Action with FINRA to change its ticker symbol commemorating the new direction of the Company.
US Highland “Platform” acquisition is constantly seeking acquisition targets to “add on” or complement the Company’s direction. Management is highly experienced at business integration and re-branding. “The speed at which an acquisition can be re-branded is the true test of a Merger & Acquisition play. A vast number of potential targets exist for UHLN to acquire. Many investment disciplines go in to acquiring the right businesses with like-minded owners and managers,” said Mr. Dickinson.
Currently expanding across the Southeast and headquartered in Atlanta GA, UHLN’s new brands are focused in the fast-casual restaurant space, offering consumers a healthy diverse menu made with fresh organic ingredients every day. These brands will offer a diversity of menu items, from flatbread sandwiches, bowls, wraps, salads, and fresh proteins such as chicken, turkey, steak and falafel.
This acquisition marks UHLN’s first move into the $750 billion U.S. restaurant industry, putting them on the forefront of a fundamental shift, toward healthier eating, in consumer behavior that is here to stay.
"We are excited as we continue to move forward. The new acquisition fit nicely into our portfolio," said Everett M. Dickson, CEO of UHLN. "Continuing to add assets, while simultaneously reducing the leverage on the balance sheet, is our primary goal. We believe this is our best path to adding to shareholder value.” Post-acquisition, the Company has approximately 400 million common shares issued and outstanding and a market valuation of approximately $3.2 million.
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