Golden Triangle Ventures Inc. (OTC: GTVH) has strategically entered the functional beverage market through the acquisition of the Go Fast Sports brand from Labor Smart, Inc. (OTC: LTNC). This significant move, facilitated by incoming CEO Javier Leal, who contributed 720 million of his personal LTNC shares to the transaction, underscores the company's commitment to diversifying its portfolio and tapping into the lucrative energy and functional beverage sector. The acquisition, completed without the issuance of GTVH stock or convertible notes, is seen as a gift to shareholders, highlighting the strategic value Leal places on this deal for GTVH's future growth.
Founded in 1996, Go Fast Sports has carved a niche for itself as a lifestyle-driven energy brand, boasting a strong global following among extreme sports, motorsports, and athletic communities. This acquisition positions Go Fast Sports as the cornerstone of GTVH's newly established Beverages & Health division, complementing its existing Construction & Infrastructure and Manufacturing & Distribution units. The integration of Go Fast Sports into GTVH's portfolio is expected to leverage the brand's established market presence and loyal customer base, driving innovation and growth in the functional beverage space.
The management team at GTVH views this acquisition as a pivotal step in executing its multi-industry growth plan. By aligning with Go Fast Sports, GTVH aims to capitalize on the rapidly growing demand for energy and functional beverages, a sector that continues to see exponential growth. For more details on the acquisition, visit https://ibn.fm/UgGRg.
Golden Triangle Ventures Inc. remains focused on its core business model, which encompasses acquisitions, assets, and holdings; services; and investments. The company is dedicated to fostering the development and success of its portfolio companies, ensuring they make a positive impact in their respective industries. For the latest news and updates on GTVH, visit https://ibn.fm/GTVH.
