Golden Triangle Ventures Inc. (OTC: GTVH) has made a significant move into the functional beverage market by acquiring the Go Fast Sports brand from Labor Smart, Inc. (OTC: LTNC). This acquisition, finalized without the issuance of GTVH stock or convertible notes, was facilitated by incoming CEO Javier Leal, who contributed 720 million of his personal LTNC shares to the transaction. Leal described this contribution as a gift to shareholders, underscoring the strategic importance of this deal for GTVH's future growth.
The Go Fast Sports brand, established in 1996, has cultivated a loyal following within the extreme sports, motorsports, and athletic communities worldwide. This acquisition is poised to anchor GTVH's Beverages & Health division, complementing its existing Construction & Infrastructure and Manufacturing & Distribution units. The move is indicative of GTVH's broader strategy to diversify its portfolio and capitalize on the rapidly expanding energy and functional beverage sector.
Management at Golden Triangle Ventures views this acquisition as a pivotal step in executing its multi-industry growth plan. The functional beverage market, known for its dynamic growth and innovation, offers GTVH a lucrative opportunity to expand its footprint and enhance shareholder value. For more details on the acquisition, visit https://ibn.fm/UgGRg.
This strategic acquisition not only diversifies GTVH's business model but also positions the company to leverage the global appeal of the Go Fast Sports brand. With a focus on acquisitions, assets, and investments that promise synergistic value, Golden Triangle Ventures continues to explore opportunities that align with its vision of making a positive impact across industries. For further updates on GTVH, stakeholders can refer to the company's newsroom at https://ibn.fm/GTVH.
