Nightfood Holdings (NGTF) Issues Shareholder Update on Imminent Strategic Acquisitions and Rapid Expansion in AI-Powered Hospitality Automation
Nightfood Holdings (NGTF) has announced progress on two strategic acquisitions aimed at expanding its presence in hospitality automation. The company is finalizing the acquisition of Carryout Supplies (S W C Group), strengthening its position in the hospitality supply chain, with closing expected imminently.
Additionally, NGTF is advancing toward acquiring Skytech Automated Solutions, a provider of robotics and AI-driven hospitality solutions. Skytech has recently expanded its presence by launching its Laundry Helper robot at a second location. The Skytech acquisition is scheduled to close following the Carryout Supplies deal.
These strategic moves position Nightfood as an innovator in AI-powered hospitality automation, with the company actively evaluating additional opportunities for expansion.
Nightfood Holdings (NGTF) ha annunciato progressi in due acquisizioni strategiche mirate ad espandere la sua presenza nell'automazione dell'ospitalità. L'azienda sta finalizzando l'acquisizione di Carryout Supplies (S W C Group), rafforzando la sua posizione nella catena di fornitura dell'ospitalità, con la chiusura prevista a breve.
Inoltre, NGTF sta avanzando verso l'acquisizione di Skytech Automated Solutions, un fornitore di soluzioni per l'ospitalità basate su robotica e intelligenza artificiale. Skytech ha recentemente ampliato la sua presenza lanciando il suo robot Laundry Helper in una seconda sede. L'acquisizione di Skytech è programmata per chiudere dopo l'accordo con Carryout Supplies.
Queste mosse strategiche posizionano Nightfood come innovatore nell'automazione dell'ospitalità alimentata dall'IA, con l'azienda che sta attivamente valutando ulteriori opportunità di espansione.
Nightfood Holdings (NGTF) ha anunciado avances en dos adquisiciones estratégicas destinadas a expandir su presencia en la automatización de la hospitalidad. La compañía está finalizando la adquisición de Carryout Supplies (S W C Group), fortaleciendo su posición en la cadena de suministro de hospitalidad, con el cierre esperado inminentemente.
Además, NGTF está avanzando hacia la adquisición de Skytech Automated Solutions, un proveedor de soluciones de hospitalidad impulsadas por robótica e inteligencia artificial. Skytech ha ampliado recientemente su presencia lanzando su robot Laundry Helper en una segunda ubicación. La adquisición de Skytech está programada para cerrarse después del acuerdo con Carryout Supplies.
Estos movimientos estratégicos posicionan a Nightfood como un innovador en la automatización de la hospitalidad impulsada por IA, con la compañía evaluando activamente oportunidades adicionales de expansión.
나이트푸드 홀딩스(NGTF)는 환대 자동화 분야에서의 입지를 확장하기 위한 두 가지 전략적 인수에 대한 진행 상황을 발표했습니다. 이 회사는 캐리아웃 서플라이즈(S W C 그룹) 인수를 마무리하고 있으며, 환대 공급망에서의 입지를 강화하고 있으며, 곧 마감될 예정입니다.
또한, NGTF는 로봇 공학 및 AI 기반 환대 솔루션 제공업체인 스카이텍 자동화 솔루션 인수에 대한 진전을 보이고 있습니다. 스카이텍은 최근 두 번째 위치에서 세탁 도우미 로봇을 출시하여 입지를 확장했습니다. 스카이텍 인수는 캐리아웃 서플라이즈 거래 이후에 마감될 예정입니다.
이러한 전략적 움직임은 나이트푸드를 AI 기반 환대 자동화의 혁신자로 자리매김하게 하며, 회사는 추가적인 확장 기회를 적극적으로 평가하고 있습니다.
Nightfood Holdings (NGTF) a annoncé des progrès dans deux acquisitions stratégiques visant à étendre sa présence dans l'automatisation de l'hôtellerie. L'entreprise finalise l'acquisition de Carryout Supplies (S W C Group), renforçant ainsi sa position dans la chaîne d'approvisionnement de l'hôtellerie, avec une clôture prévue imminemment.
De plus, NGTF avance vers l'acquisition de Skytech Automated Solutions, un fournisseur de solutions d'hôtellerie basées sur la robotique et l'IA. Skytech a récemment élargi sa présence en lançant son robot Laundry Helper dans un deuxième emplacement. L'acquisition de Skytech est prévue pour être finalisée après l'accord avec Carryout Supplies.
Ces mouvements stratégiques positionnent Nightfood comme un innovateur dans l'automatisation de l'hôtellerie alimentée par l'IA, l'entreprise évaluant activement d'autres opportunités d'expansion.
Nightfood Holdings (NGTF) hat Fortschritte bei zwei strategischen Akquisitionen bekannt gegeben, die darauf abzielen, seine Präsenz in der Hospitality-Automatisierung auszubauen. Das Unternehmen finalisiert den Erwerb von Carryout Supplies (S W C Group), wodurch seine Position in der Hospitality-Lieferkette gestärkt wird, wobei der Abschluss in Kürze erwartet wird.
Darüber hinaus schreitet NGTF auf die Übernahme von Skytech Automated Solutions voran, einem Anbieter von robotergestützten und KI-gesteuerten Hospitality-Lösungen. Skytech hat kürzlich seine Präsenz erweitert, indem es seinen Laundry Helper-Roboter an einem zweiten Standort eingeführt hat. Der Abschluss der Skytech-Akquisition ist nach dem Deal mit Carryout Supplies geplant.
Diese strategischen Schritte positionieren Nightfood als Innovator in der KI-gestützten Hospitality-Automatisierung, während das Unternehmen aktiv weitere Expansionsmöglichkeiten evaluiert.
- Strategic expansion into AI-powered hospitality automation through two acquisitions
- Skytech's successful deployment of Laundry Helper robot at second location shows scalability
- Strengthening market position in hospitality supply chain through Carryout Supplies acquisition
- Financial terms of acquisitions not disclosed
- Integration risks associated with multiple simultaneous acquisitions
TARRYTOWN, NY, March 27, 2025 (GLOBE NEWSWIRE) -- via IBN -- Nightfood Holdings, Inc. (OTCQB: NGTF) is revolutionizing the hospitality industry by combining artificial intelligence (AI)-powered robotics with strategic hotel acquisitions and is excited to update shareholders on significant imminent milestones in its strategic expansion.
The team is working diligently to finalize the acquisitions of Carryout Supplies (S W C Group) and Skytech Automated Solutions, Inc. in the very near term. The Carryout Supplies acquisition, which represents a key strategic step in expanding Nightfood’s presence in the hospitality supply chain, is expected to close imminently.
Concurrently, the Company is advancing swiftly toward the closing of its planned acquisition of Skytech Automated Solutions, a leading provider of robotics and AI-driven solutions for the hospitality industry. Skytech recently launched its Laundry Helper robot at a second location, underscoring the scalability and impact of its automation technology. The Skytech closing is anticipated to follow shortly after the completion of the Carryout Supplies transaction.
These acquisitions highlight Nightfood’s strategic vision, positioning the Company as a prominent innovator at the intersection of advanced AI and hospitality automation, significantly expanding its market presence and competitive positioning.
Nightfood continues actively evaluating further strategic opportunities to enhance its innovative market leadership, demonstrating a clear commitment to aggressive, value-driven expansion.
Jamie Steigerwald, chairman of Nightfood Holdings, stated enthusiastically: "We’re incredibly excited about the closings of these strategic acquisitions, especially Skytech, which strategically positions Nightfood as a rising leader in AI and robotics within the hospitality sector. This is a transformative moment for our Company and our shareholders, bringing substantial opportunities for growth and shareholder value creation."
About Nightfood Holdings, Inc. (OTCQB: NGTF)
Nightfood Holdings, Inc. is revolutionizing the hospitality industry by combining AI-powered robotics with strategic hotel acquisitions. The Company's innovative approach uses advanced automation technology to significantly improve hotel efficiency, reduce operating costs, and address labor challenges. With its dual focus on owning hotel properties and offering Robotics-as-a-Service (RaaS), NGTF is strategically positioned to capitalize on the rapidly growing global service robotics market, which is expected to surpass
Forward-Looking Statements
This press release contains forward-looking statements regarding future events and Nightfood Holdings' expected performance. These statements are subject to risks and uncertainties, and actual results may differ materially from expectations. Investors are encouraged to review the Company’s SEC filings for additional information.
For more information on Nightfood Holdings, Inc. (OTCQB: NGTF), please visit www.nightfoodholdings.com.
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FAQ
What acquisitions is Nightfood Holdings (NGTF) currently pursuing?
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