NutriPure Bottles Up Enhanced Water Maker

NEWPORT BEACH, Calif.—NutriPure Beverages, Inc. has acquired the Nevada-based Moneymaker 1 LLC, making it a wholly owned subsidiary of NutriPure. Moneymaker 1 LLC, which owns the nationwide franchising rights to the Inka Grill restaurant, recipes and products, will change its name to Inka Grill Franchise Systems. An agreement is already in place with a major franchising firm to take the concept nationwide. The existing management team of Inka Grill Franchise Systems will remain in place and will continue to run its day-to-day operations, with NutriPure providing funding, management oversight, and additional resources as needed.
This acquisition has been structured in the form of a stock-for-stock transaction in which current NutriPure shareholders and management remain in control of the company ,and Inka shareholders are assured a sizeable ownership position regardless of whether Inka remains a subsidiary or is eventually spun off as a separate entity.
This is NutriPure's second acquisition in the healthy food and water segment, having recently closed its purchase of XND Technologies Inc. and its complete line of Nu2O nutrient-enhanced bottled water products.
Kenyatto Jones, CEO of NutriPure, 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.”

www.nutripurebeverages.com.