Creatd Ventures has acquired a 100% stake in Brave, a plant-based food company specialising in convenient and healthy breakfast products.
The acquisition marks the fourth majority ownership purchase for Creatd Ventures, the arm of Creatd Inc that is focused on scaling creator-led brands.
CEO of Creatd Ventures Thomas Punch said: “This acquisition marks another exciting step towards the expansion of Creatd Ventures: Brave’s health-oriented superfood breakfast mixes are a natural fit within our portfolio as a wellness-rooted brand with multiple opportunities to develop new and innovative SKUs and expand our product offerings for new and existing subscribers”.
He continued: “Creatd Ventures has fully consolidated its supply chain and continues to expand both its online and brick-and-mortar distribution channels for all of its recurring-revenue-based brands”.
Creatd announced its intent to acquire Brave in July this year.
© FoodBev Media Ltd 2024
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