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Steakholder Foods Signs Definitive Deal To Acquire Twine Solutions As Twine Shareholders Secure Up To 35% Minority Stake Upon Milestones

Benzinga Newsdesk 1 year ago

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Existing Steakholder Shareholders to Retain Majority Stake; Twine Shareholders Previously Invested in Steakholder and Provided Convertible Loan, Both at a Substantial PremiumStrategic Acquisition To Position the Combined

  • Existing Steakholder Shareholders to Retain Majority Stake; Twine Shareholders Previously Invested in Steakholder and Provided Convertible Loan, Both at a Substantial Premium
  • Strategic Acquisition To Position the Combined Company As A Digital Printing Pioneering Force Geared Towards Global Trends Of Smart Manufacturing and Supply Chain Optimization  
  • Since its foundation, Twine has installed more than 30 systems at leading brands, dye houses and textile fulfillers and is working to fill more than $1 million in open orders

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