Foodfest International's RESTORE FORCE Continues to See Internal
Growth as Mold Season Hits Peak Ahead of Hurricane Season
Foodfest International's RESTORE FORCE Continues to See Internal
Growth as Mold Season Hits Peak Ahead of Hurricane Season
Beginning Q4 2013, Company to Focus on Growth-Through-Acquisition
Strategy
PR Newswire
JUPITER, Fla., Aug. 19, 2013
JUPITER, Fla., Aug. 19, 2013 /PRNewswire/ -- Foodfest
International 2000 Inc. (OTC: FDFT), a damage restoration services
company, today reported that its Jupiter,
Florida-based Restore Force, Inc., a provider of residential
and commercial restoration services, including water damage
restoration, mold remediation and fire damage restoration, as well
as re-construction services, continues to experience overall
business expansion and revenue growth. The company also
announced that, beginning in Q4 2013, it would turn its attention
to finalizing its growth-through-acquisition strategy.
The company's CEO, Whitney
Wiseman, said, "We continue to be extremely pleased with the
continued growth of our day-to-day operations. However, in
order to build shareholder value, we understand that we need to
seek other avenues of growth. To that end, we intend to
implement an aggressive acquisition strategy, as we believe our
industry is ripe for consolidation." Mr. Wiseman continued,
stating that he believes the company will find an inviting
acquisition environment due, in large measure, to the increasing
operating costs and regulatory burden currently being experienced
by independent operators, costs that he believes can be mitigated
through acquisition and operational consolidation.
About FDFT
FDFT recently acquired Restore Force, Inc. Restore Force,
serves Palm Beach County, Florida,
with its damage restoration services, including water damage
restoration, mold remediation and fire damage restoration. In
addition, Restore Force provides re-construction services following
its initial restoration efforts. FDFT's board of directors
determined the business opportunity represented by Restore Force to
be superior to its former business. More information
regarding Restore Force is located at:
www.restoreforce.com.
SOURCE Foodfest International 2000 Inc.
