MVP Holdings Inc. Acquires Small Kitchen Appliance Company, Mealthy Inc.
MVP Holdings Inc., announced that it has agreed to acquire Mealthy Inc., a small kitchen appliance company. The purchase will be the first acquisition in the MVP Holdings Inc portfolio since its recent name, ticker and strategy change to become a more diversified company.
The stock purchase of the Mealthy Brand couldn’t come at a better time as the world around us continues to spend more time at home with family and in the kitchen preparing more home cooked meals than in recent history. The Mealthy brand and products give every person experienced or not the ability to easily prepare flavorful home cooked meals. By purchasing the company it will provide MVP with a vehicle to continue moving forward, with a phenomenal team, brand and asset. In 2019 Mealthy Inc completed a $1M Cap Raise at a $30M valuation thru Republic Co. The capital was used in part to develop and build the best in class website and mobile app that you can check out at www.mealthy.com as well as download the app and check out the 1000’s of original Mealthy owned recipes.
“We are extremely excited about our acquisition of Mealthy Inc. It helps to kick off our new direction away from the travel industry and into the consumer goods industry as well as various other industries and will be a small part of our overall direction to become more diversified. This investment represents and important strategic opportunity to bring top level executive talent under the MVP Holdings umbrella. Our goal in any acquisition is to first and foremost focus on the talent that is being acquired, then the brand and its products and how it will mesh with the dna of our existing company. We have no doubt that Mealthy will be a fantastic addition to the MVP Holdings family.”
About Mealthy Inc.
Mealthy Inc., based in San Antonio, Tx. manufactures the #2 selling pressure cooker on Amazon and in just 2 years has sold over $12M in Mealthy products. Mealthy has recently released its all new Trademarked Crisp Lid that has been selling so fast they can’t keep it on the shelves, recently selling out of 700+ units on Costco.com in just 5 days.