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0.244332493702771 0.28463476070529 0.554156171284635 0.357682619647355 0.0982367758186398 -0.0554156171284634 -0.0579345088161209 -0.113350125944584
Stock impact report

ReTo Eco-Solutions, Inc. Announces Acquisition of Majority Interest in MeinMalzeBier Holdings Limited

ReTo Eco-Solutions, Inc. - Common Shares (RETO) 
Company Research Source: PR Newswire
BEIJING, April 25, 2025 /PRNewswire/ -- ReTo Eco-Solutions, Inc. (Nasdaq: RETO) ("ReTo" or the "Company"), a manufacturer of ecological environment protection equipment and intelligent equipment in China, today announced that on April 25, 2025, it has closed the acquisition of 51% equity interest of MeinMalzeBier Holdings Limited, a British Virgin Islands business company ("MeinMalzeBier"). MeinMalzeBier, a company engaged, through its PRC operating subsidiaries, in the marketing and sales of craft beer and craft beer machines in China.  Earlier this year, ReTo launched the sales of its proprietary smart craft beer machines, marking a strategic expansion of its intelligent equipment into the beverage market. The acquisition of MeinMalzeBier is expected to create strong synergies with the Company's new product line, leveraging MeinMalzeBier's established sales network and market experience to accelerate product adoption and market penetration. The combination of the two businesses is e Show less Read more
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