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Stock impact report

Barfresh Food Group Inc. (BRFH) Acquiring Arps Dairy to Strengthen Manufacturing Capacity [Yahoo! Finance]

Barfresh Food Group Inc. (BRFH) 
NASDAQ:AMEX Investor Relations: barfresh.com/investors/corporate/management
Company Research Source: Yahoo! Finance
it has reached an agreement to acquire all outstanding capital stock of Arps Dairy. Barfresh Food Group Inc. (BRFH) Acquiring Arps Dairy to Strengthen Manufacturing Capacity The deal is valued at approximately $1.6 million in debt repayment and will enable the company to gain access to Arps Dairy's manufacturing capabilities and existing processing facility in Defiance, Ohio. The acquisition is also expected to reduce operational costs and improve Barfresh Food Group's margins. This will also result in new production opportunities and position the company to capture significant value creation through 2026 and beyond. Riccardo Delle Coste, the Company's Chief Executive Officer, stated, “This manufacturing transaction represents a transformational step in our operational evolution and growth trajectory. By bringing the majority of our manufacturing in-house, we're eliminating third-party manufacturing fees, reducing freight costs, and gaining greater control over our supply chai Show less Read more
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