MerryMart Consumer Corp. (PSE:MM) signed an Agreement to acquire a 25% stake in ZC Ramthel Corporation from a group of shareholders on November 8, 2021. The current Management team of ZC Ramthel will continue to run the operations in tandem with the MerryMart team.

The transaction has been approved by the Board of Directors of MerryMart on November 8, 2021. Fortman Cline Capital Markets Limited acted as a financial advisor to ZC Ramthel Corporation