Pilot Coffee Corp. agreed to acquire Bridgehead (2000) Inc. from Aegis Brands Inc. (TSX:AEG) for CAD 3.5 million on January 29, 2024. The consideration consists of CAD 3.50 million in cash.

As part of the consideration, CAD 3.50 million was paid towards common equity. The transaction has been approved by the directors of Aegis Brands and a special resolution of Bridgehead and is expected to close in the first quarter of 2024.