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Organic To Go expands into Washington, D.C.
June 1, 2008
WASHINGTON, D.C. — Organic To Go has announced it has expanded its West Coast chain with the acquisition of four additional cafés and a catering business, operating under the name of High Noon, from Balducci's Food Lover's Market.
The business, generating approximately $6 million in annual combined revenues, has three locations in the District of Columbia and one in Arlington, Va. The acquisition provides Organic To Go with its first center of operations on the East Coast.
Terms of the purchase, which include cash and common stock, were not disclosed.
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