08-Oct-2026 17:21:18
KATIPATANG : TO ACQUIRE 10% EQUITY STAKE IN NEW ZEALAND'S GIMME NZ
• Board approved terms sheet to acquire 10% of equity shares of M/s Bread Private Limited (Gimme NZ), registered in Christchurch, New Zealand • Consideration to be paid via share swap; cost and price to be determined on valuation and due diligence before signing of SHA • Target is engaged in food delivery service and marketing of premium liquor; paid-up share capital of $75,000 • Target turnover: $272,333 in FY 2025-26 v $156,293 in FY 2024-25 v $105,945 in FY 2023-24 • Target incorporated on 23rd June 2017; ~$500k ARR as of Aug'26 v $225k in 2025, with 20,000+ registered customers across New Zealand • Acquisition likely to be completed within four months of signing the definitive SHA, subject to due diligence and transaction document conditions
Kati Patang Lifestyle Ltd
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