MINDEN, Nev., U.S. – DTS8 Coffee Company, Ltd. reports that it has successfully completed the initial phase of due diligence on the wholesale, coffee roasting company it intends to purchase. The company, located on the East Coast of the United States operates in a large, mature coffee market, and has developed an extensive distribution network within their marketplace.
Further details of the proposed transaction will be disclosed in due course. Douglas Thomas, CEO of DTS8 stated “We are making good progress on the list of requirements to closing on this proposed acquisition.
On completion, DTS8 will become one of the first, U.S. based coffee companies, with roasting facilities and distribution networks in both the U.S. and China which bodes well for the future of revenue growth at DTS8.”
