Foodfest International 2000 Acquires Florida-Based Restore Force, Inc.
Restore Force Experienced nearly 500% Growth in Revenues from 2010 to 2012, Growth in 2013 Expected
JUPITER, Fla., Aug. 12, 2013 /PRNewswire/ -- Foodfest International 2000 Inc. (OTC: FDFT), a damage restoration services company, today announced the completion of the acquisition of Restore Force, Inc., a Jupiter, Florida-based provider of residential and commercial restoration services, including water damage restoration, mold remediation and fire damage restoration, as well as re-construction services. The acquisition of Restore Force was made with FDFT stock. FDFT has adopted the business plan of Restore Force - www.restoreforce.com.
Restore Force provides top-quality residential and commercial 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. During the past three years, Restore Force has experienced a nearly 500% growth in revenues, with additional revenue growth expected for all of 2013.
The company's new CEO, Whitney Wiseman, said, "I am extremely excited to take over FDFT's CEO and to bring our growing business to the public markets. We believe our business style and our business plan are solid and that having greater access to the capital markets will permit us to grow the company more robustly as we seek to build shareholder value through our targeted efforts in expanding our mold remediation business into the $10 billion dollar industry."
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.
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