M&A Deal Summary

Bit Brother Acquires Store Master Food Trading Co.

On November 17, 2020, Bit Brother acquired transportation company Store Master Food Trading Co.

Acquisition Highlights
  • This is Bit Brother’s 1st transaction in the Transportation sector.
  • This is Bit Brother’s 2nd transaction in China.

M&A Deal Summary

Date 2020-11-17
Target Store Master Food Trading Co.
Sector Transportation
Buyer(s) Bit Brother
Deal Type Add-on Acquisition

Target

Store Master Food Trading Co.

China
Store Master Food Trading Co., Ltd. is specializes in supply chain management, product research and development, and optimizing long-term and stable supply chains. Store Master Food Trading is based in China.

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Buyer(S) 1

Buyer

Bit Brother

Changsha, China

Category Company
Founded 2011
Sector Restaurants
Employees67
Revenue 6M USD (2021)
DESCRIPTION

Bit Brother is a specialty tea product distributor and retailer. The company's products are focused on taste, aesthetic presentation, and health benefits. Its products are currently being offered via their own stores. Bit Brother was founded in 2011 and is based in Changsha, China.


DEAL STATS #
Overall 3 of 3
Sector: Transportation M&A 1 of 1
Type: Add-on Acquisition M&A Deals 3 of 3
Country: China M&A 2 of 2
Year: 2020 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-17 Chuangyeying Brand Management Co.

China

Chuangyeying Brand Management Co., Ltd. is an owns a franchise permit to operate franchise stores. Chuangyeying Brand Management is based in China.

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