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NutriPure Beverages, Inc. Acquires Moneymaker 1 LLC
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Posted on: 13/08/2008 NutriPure Beverages, Inc. has acquired Moneymaker 1 LLC, making Moneymaker 1 a wholly-owned subsidiary of NutriPure Beverages, Inc. Moneymaker 1 LLC will change its name to Inka Grill Franchise Systems (IGFS) as it owns the nationwide franchising rights to the Inka Grill restaurant, recipes and products. A major franchising firm is already set to take the concept nationwide. The existing management team of Inka Grill Franchise Systems will remain in place and will continue to run the day-to-day operations of IGFS, with NutriPure providing funding, management oversight and additional resources as required. NutriPure last week finalised its purchase of XND Technologies, Inc., giving NutriPure two separate and complementary wholly-owned subsidiaries in the healthy water/healthy food industries. Kenyatto Jones, NutriPure's CEO, said: "We have been working toward this day for a long time and we are very excited to announce that NutriPure now owns two separate and distinct subsidiaries, one water-focused and one food-focused, that will operate independently and can simultaneously work together to create and expand new markets for one another."
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