Las Vegas-based Alkame Holdings Inc.’s wholly owned subsidiary, West Coast Copacker Inc., has closed on the acquisitions of two specialty food brands: Maury Island Farm and Quinn’s Pepper Jellies. The acquisition includes intellectual property, inventory and production equipment. The acquisitions were completed without issuance of any company stock.
Both product lines are native to the Pacific Northwest with fruits and ingredients procured from the local region and handcrafted in small batches. The integrity of these long-standing brands will continue as the acquisition allows a seamless transition for both companies to work together in ensuring a smooth and speedy integration.
Although these regional brands have a long history of annual revenue in the $700,000 to $1 million range, the West Coast Copacker capabilities look to exceed the revenue models by up to four times within the first year or two, and expectations are to grow these brands into additional regions toward a national brand status.
“We are very excited to begin production of Quinn’s and Maury Island, and really watch this grow into something spectacular,” said Robert Eakle, Alkame Holdings CEO. “Both brands fit nicely into our future vision and our longer-term plans, which include entrance in the direct-to-consumer sector as well as national distribution partners. This is a tremendous opportunity for us to see both consistent production and cash flow, as well as strategic growth over the next five years. I look forward to providing additional corporate updates in the very near future.”
West Coast Copacker Inc. is a specialty food and beverage manufacturer, co-packer, private labeler and contract manufacturer, and is expected to immediately complement and seamlessly integrate with Alkame’s other subsidiaries including Bell Food and Beverage Inc.
Bell Food and Beverage Inc. is a specialty natural, organic liquid-based hot and cold fill food and beverage manufacturer in glass and PET bottles and jars. To learn more about West Coast Copacker, visit westcoastcopacker.com.
Alkame Holdings, Inc. is a diversified publicly traded holding company. Its wholly owned subsidiaries manufacture products that utilize an enhanced water proprietary technology when applicable to create products with several unique properties.
The organization is building a strong foundation through the launch and acquisition of appropriate business assets and by pursuing multiple applications by placement into several emerging business sectors, such as consumer food and beverages products, hemp products, household pet products, horticulture and agriculture applications, hand sanitizers and many other various water-based treatment solutions to both new and existing business platforms. For more information, visit alkameholdingsinc.com.
