MamaMancini's Buys Stake In Chef Inspirational Foods
MamaMancini's Holdings Inc (NASDAQ:MMMB) has agreed to acquire a 24% minority interest in Chef Inspirational Foods, Inc. (CIF) for an investment of $1.2 million. The transaction implies an enterprise value for CIF of $5 million. Founded in 2008, CIF sells fresh and frozen prepared foods for the supermarket, club store, and distributor trade…
Benzinga ·