SARASOTA, Fla., March 13, 2018 (GLOBE NEWSWIRE) -- via OTC PR WIRE--International Consolidated Companies, Inc. (OTC:INCC), is happy to report it is moving forward to acquire American Nutritional Products, Inc. (“ANP” Nevada) in a combination of Cash and stock based on a multiple of 12 months EBITDA. ANP anticipates exceeding sales of $10 plus million in 2018. ANP is located in a state of the art 50,000 plus square foot facility. http://www.anp-nv.com/about/
This acquisition will provide Vertical integration between the BluDog brand and manufacturing.
In addition to www.BluDogProducts.com INCC will own, post acquisition, the following brands:
“We are excited about integrating and acquiring more nutraceutical co-packers as we venture off into a traditional roll up. Between the economies of scale and the natural symbiosis of our brands and manufacturing I believe we have a real tiger by the tail!” said Antonio Uccello, CEO BluDog Products LLC.
BluDog Products is strategically introducing a water-soluble CBD oil super food and wellness drinks (with an extended release formulation) that are easily absorbed. Using a licensed, patented CBD delivery system BluDog’s CBD products are an alternative over-the-counter therapeutic option to help relieve post-sports inﬂammation as well as promote relaxation and well-being. BluDog’s CBD products interact naturally with the body’s anti-inﬂammatory system without any known side eﬀects.
International Consolidated Companies (INCC) was founded in 2002. INCC is focused on acquiring and growing businesses that offer innovation, quality, and cost-efficient Cannabis technologies.
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A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/42aaf92e-fd99-4655-b09d-3a8c5c887155
SOURCE: International Consolidated Companies, Inc.
Source:International Consolidated Companies, Inc.