Nightfood Holdings Inc (NGTF)

[notshakenorstirred]

Food CPG makers are hungry for M&A, but taking ‘disciplined’ approach to acquisitions...Food Dive 3/1/23

Another article that might interest $NGTF investors... and other Nightfood onlookers.

https://www.fooddive.com/news/food-industry-mergers-acquisitions-mondelez-hostess-CPG/643488/

Large food CPG companies are eager to put their cash to work through M&A, but executives said they’re currently being selective about which assets they target — prioritizing transactions that build on their exposure in certain areas or bring them into fast-growing categories.

“We have identified very clearly what kind of M&A we would like to do,” Martin Renaud, Mondelez’s executive vice president and chief marketing and sales officer, said in an interview. “But it’s just being very clear on what we want, having clear criteria on what are they bringing to us and then trying to find the right partners and build the right deals to make that happen.”

Is $NGTF / Nightfood on the radar of any CPG Fortune 500 conglomerates... Nestle, Mondelez, Post, Unilever, Kraft Heinz, PepsiCo, Kelloggs, Hershey?

According to $NGTF CEO Sean Folkson...

More than one of the aforementioned, has reached out to us, and been in contact on numerous occasions going back years...and more than one has shown Nightfood Holdings, Inc. repeated current ongoing interest in our Nighttime "Sleep Friendly" BFY start-up CPG brand.

Are we on the M&A radar screens of any CPG International giants?

Imo, most definitely.

...stay tuned for further developments.

aaimo