Happiness Development Agrees To Acquire Healthcare Product Distributor Hekangyuan For ~$12M
Happiness Development Group Ltd (NASDAQ:HAPP) has signed an equity transfer agreement to acquire 100% of the equity interest in healthcare product distributor Fuzhou Hekangyuan Trading Co Ltd. The company expects the acquisition of Hekangyuan to strengthen its distribution network. Hekangyuan generated revenue of $17.6 million, with about $0.79 million in net income in 2021.…
Benzinga ·
Benzinga
