Adia Nutrition Inc. Divests Biolete Coffee Subsidiary to Cement Factory LLC, Retains 18% Ownership to Support Strategic Focus on Regenerative Medicine and Medical Sales [Yahoo! Finance]
ADIA NUTRITION INC (ADIA)
Company Research
Source: Yahoo! Finance
medicine and innovative healthcare solutions, today announced the sale of its Biolete coffee subsidiary to Cement Factory LLC, a dynamic consumer products firm led by key owners Jeff Sciullo and AJ Sims. Adia will retain an 18% ownership stake in Cement Factory LLC, ensuring continued alignment with Biolete's growth while enabling Adia to concentrate resources on its core mission of expanding stem cell sales, treatments, and clinic-based therapies in the $5.3 trillion U.S. healthcare market. Biolete Coffee To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/10520/269272_pouringaservingofbiolete_cafelatte-cropped.jpg The transaction transfers full operational control of Biolete-a pioneer in organic protein and mushroom-infused coffee products acquired by Adia in July 2024-to Cement Factory LLC. Originally integrated to diversify Adia's wellness portfolio, Biolete has grown significantly, expanding to platforms like Amazon and cultiva
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