TORONTO, March 8,
2024 /CNW/ - Aegis Brands Inc. (TSX: AEG)
("Aegis Brands" or the "Company") is pleased to
announce that its wholly-owned subsidiary, Bridgehead (2000) Inc.
today closed the sale of the assets of its roasting, wholesale and
coffeehouse business, excluding certain specified assets, for a
purchase price of $3,500,000 in cash
and the assumption of certain liabilities, to Pilot Coffee Group of
Companies.
About Aegis Brands
Aegis Brands owns and operates St. Louis Bar and Grill and Wing
City by St. Louis. The Company's
vision is to build a portfolio of amazing brands that can grow and
flourish with access to Aegis Brands' resources and expertise. The
Company is committed to letting each brand operate independently
while providing shared expertise to help them thrive. For more
information, please visit www.aegisbrands.ca.
About Pilot Coffee
Roasters
Pilot Coffee Roasters is a leading specialty coffee roaster,
online retailer, wholesale, educator and café operator that
operates all across Canada. The company follows a sourcing
philosophy that positively impacts coffee communities, and roast at
the vanguard of innovation to create an unparalleled sensory
experience for their customers. For more information, please
visit www.pilotcoffeeroasters.com.
SOURCE Aegis Brands Inc.