FOR IMMEDIATE RELEASE
YOLO HOLDING INC ACQUIRES SOYLENT AND ERIS DISCORDIA HOLDING
LOS ANGELES, CA – 11/16/17 – Yolo Holding Inc., a global leader in business, announced today that it has acquired Soylent, a food processing brand, and Eris Discordia Holding, including it's well-known 420 Quality Building subsidiary at an undisclosed price.
The stock purchase of Soylent fits into Yolo Holdings strategy to provide food to the world's hungry moneyga.me players. By purchasing the company, Yolo Holding Inc. will be able to provide a steady food supply in the United States.
The stock swap with Eris Discordia Holding includes the acquisition of 420 Quality Building Inc., a construction company with a history of high-quality but affordable homes for stoners.
silsha, CEO of Yolo Holding, said on the acquisition: «Our acquisition of Soylent and Eris Discordia Holding complements our overall business strategy and reflects our overall outlook. Both Soylent and Eris Discordia have been innovative market leaders in their sectors and will integrate well with our existing brand, that customers have come to know and trust.»
«Thanks to the new access we have gained to Yolo's global retail network, we will now be able to further our expansion and open up new markets. Synergy effects will help us operate even more efficiently, quickly, and environmentally friendly in the construction market. We couldn't be more excited to see what the future holds.», lutoma, CEO of Eris Discordia Holding, and new Director and EMEA Sales Manager added.
JayJay, CEO of Soylent said «I'm super stoked for this opportunity. As new global Senior Vice President for Yolo's retail sector, I'm excited to work on furthering vertical integration to complete our supply chain. Thanks to the vast array of products in Yolo's network, we can now offer shoppers at Soylent-brand stores an even broader range of products, at even cheaper prices.»
"LOVE IT", Bill Rich, Yolo Holding Inc. director amended.
About Yolo Holding Inc.
Yolo Holding Inc, based in Los Angeles, CA is the leading holding company with a comprehensive product portfolio. Through its stakes, the company provides food, banking, medical and construction services at affordable prices to everyone.
Press Contact:
Bill Rich
Director
1st Street 1
Los Angeles, CA
UNITED STATES
