Sunday, June 16, 2024

Jeffs’ Brands signs MOU to acquire company operating a 100,000 sq ft. logistic center in New Jersey

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  • Jeffs’ Brands (NASDAQ:JFBR) on Monday announced the signing of a memorandum of understanding to acquire a company that operates a logistics center in New Jersey.
  • Pursuant to the MOU, the potential acquisition encompasses a 100,000-square-foot facility equipped with 20 loading docks, poised to significantly enhance the company’s supply chain capabilities, it said.
  • JFBR -28.30% premarket to $0.4646.
  • Source: Press Release

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