Barfresh Food Group Inc. (BRFH) Acquiring Arps Dairy to Strengthen Manufacturing Capacity

Barfresh Food Group Inc. (NASDAQ:BRFH) is one of the best performing penny stocks to buy now. On September 18, the company confirmed it has reached an agreement to acquire all outstanding capital stock of Arps Dairy.

The deal is valued at approximately $1.6 million in debt repayment and will enable the company to gain access to Arps Dairy’s manufacturing capabilities and existing processing facility in Defiance, Ohio. The acquisition is also expected to reduce operational costs and improve Barfresh Food Group’s margins.

This will also result in new production opportunities and position the company to capture significant value creation through 2026 and beyond.

Riccardo Delle Coste, the Company’s Chief Executive Officer, stated, “This manufacturing transaction represents a transformational step in our operational evolution and growth trajectory. By bringing the majority of our manufacturing in-house, we’re eliminating third-party manufacturing fees, reducing freight costs, and gaining greater control over our supply chain while positioning ourselves for accelerated growth and expanded market opportunities.”

Barfresh Food Group Inc. (NASDAQ:BRFH) manufactures and distributes frozen beverages, including smoothies, shakes, and frappes, using fresh fruit and natural ingredients. Their products are offered in single-serve packs and easy-pour bulk concentrates, designed for minimal labor, zero waste, and quick preparation, catering to the growing demand for healthy, on-the-go options.

While we acknowledge the potential of BRFH as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 11 Best Healthcare Penny Stocks to Buy Now and 11 Best AI Stocks to Buy Under $5

Disclosure: None. This article is originally published at Insider Monkey.