Papa Bello Enterprises, which owns, operates, and franchises food service restaurants, has acquired control of Limited Edition Ink (LEINK). Limited Edition Ink is a joint venture with Avid Ink., a 25 percent owner that has developed an apparel vending system that will be deployed in theme parks, concert venues, sporting venues and other high traffic locations and will sell t-shirts related to the specific events.
Avid Ink is one of the world's leading sublimation printing companies. AI's Art Department houses innovative artists with a library of 35,000+ open line designs. The 125,000 printing and production facilities include pre-press, digital, and four-color sublimation machinery, supported by AI Color Profile Library to deliver the highest quality in the industry. LEINK is currently a development stage company and expects to deploy its first commercial vending machine in the first quarter of 2012.
Jim Price, CEO of Papa Bello Enterprises, said in a prepared statement: "We made this acquisition in order to further diversify Papa Bello Enterprises and its subsidiaries. We believe that LEINK is dynamic young company with a cutting edge concept. Their technology presents a tremendous opportunity in the personalized apparel industry and we look forward to helping them grow their business and develop franchise opportunities for aggressive entrepreneurs."
Founded in 2005, Papa Bello Enterprises is a San Diego, Calif.-based corporation that owns, operates, and franchises restaurants as well as other companies in the U.S. For more information on Papa Bello Enterprises, please visit www.papabelloenterprises.com
