SnugZ Sold: Mackay and Johnson Acquire 100 Percent Equity Stake in Company
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Prior to the acquisition, Mackay and Johnson were minority owners in the company. Mackay and Johnson completed negotiations for the acquisition with two other unnamed SnugZ owners on Dec. 9.
“By becoming the sole owners of SnugZ USA, Charley and I will be in a position to move the company forward faster and more efficiently. We’re excited at the opportunity to take SnugZ USA to a whole new level,” Mackay said.
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