XWELL (XWEL) Acquires Naples Wax Center
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XWELL Grows Footprint Outside the Airport with Acquisition of Naples Wax Center
September 12, 2023 4:30 PM EDTNEW YORK, Sept. 12, 2023 (GLOBE NEWSWIRE) -- XWELL, Inc. (Nasdaq: XWEL) ("XWELL" or the "Company") today announced the acquisition of Naples Wax, LLC (Naples Wax Center), a group of upscale hair removal boutiques in Florida. In a transaction valued at approximately $1.5 million, the acquisition allows the Company to expand outside the airport and is intended to increase revenue and drive profitability.
This is a great day for XWELL as we move wellness outside the airport and advance our strategic objective to grow our business serving a completely new set of customers,... More
