Jeffs' Brands acquires logistics center near US port to enhance supply chain capabilities

From GlobeNewswire: 2025-03-11 07:35:00

Jeffs’ Brands Ltd, an e-commerce company, has entered into an agreement to acquire Pure NJ Logistics LLC, which operates a 100,000 square foot logistics center near a major port in the US. The acquisition will enhance supply chain capabilities and support rapid growth. The deal includes a base payment of $2.1 million and a deferred payment of $500,000, along with warrants and promissory notes. The acquisition is subject to customary closing conditions. The logistics center’s strategic location near airports will streamline operations and increase efficiency for Jeffs’ Brands. The deal was approved by the Company’s audit committee and board of directors.



Read more at GlobeNewswire: Jeffs’ Brands Enters Into a Definitive Agreement to Acquire