MDWerks, a leading provider of sustainable technology, has announced that it has acquired RF Specialties, LLC (“RFS”), a provider of modern energy wave solutions for the wood, adhesives, and food & beverage industries.
Steven Laker, CEO of MDWerks, commented, “Through the acquisition of RFS, we bring in-house the technical expertise and equipment manufacturing capabilities behind the Sustainably Matured liquid maturation method owned and utilized by Two Trees Beverage Company, which we acquired in December 2023.
“We believe that the acquisition of RFS provides multi-avenue growth opportunities for MDWerks. With respect to Two Trees, we expect that the RFS acquisition will increase our capacity to satisfy future order demand for our branded line of spirits and accelerate our ability to secure new out-licensing agreements in the alcoholic beverage industry. More broadly, RFS’s integrated energy wave technology platform and specialized manufacturing know-how also provide MDWerks with the ability to diversify our business beyond the manufacture of aged, bulk spirits. RFS’s technology has been deployed successfully across several sectors beyond food and beverage, including engineered and structural wood manufacturing, and industrial adhesives. We intend to build on this sound foundation and, over time, evolve our business via the pursuit of value-added applications of this proven technology in a range of new industries. We are very pleased that RFS’s founder, Keith A. Mort, will join our team and continue to oversee the RFS business.”
Mr. Mort added, “The RFS technology platform has been validated across several industries and businesses, including at MDWerks’ main operating unit, Two Trees Beverage Company. Our unique technology suite helps customers improve efficiency, increase speed-to-market, spur innovation, promote sustainability, and reduce energy, labor, and materials costs. I look forward to helping the team grow existing revenue streams while developing new expansion opportunities.”
Leveraging its patented technology platform, RFS primarily provides consulting, engineering, custom design-and-build, equipment maintenance and machine parts replacement services to a range of customers, including some larger blue-chip brands in the wood manufacturing and adhesives industries. RFS brings a broad platform enabling MDWerks to out-license, manufacture for its use, and manufacture on spec for third parties.
Executive Transition
MDWerks today also announced that Michael J. Nordlicht has resigned from the Company’s Board of Directors and as the Company’s Chief Operating Officer, effective immediately. His duties with the Company will be assumed by Steven Laker, CEO.
James Cassidy, Executive Chairman of MDWerks, noted, “Michael has been a valuable member of our team, and we each benefited from his experience, dedication, and counsel. He played an integral role in establishing a strong foundation for future growth, most notably reflected in our December acquisition of Two Trees Beverage Company and, today, RFS. On behalf of the Company’s Board of Directors, I would like to thank Michael for his work and wish him the best of luck in his future endeavors.”
Mr. Nordlicht added, “With the recent acquisitions of Two Trees Beverage Company and RFS, MDWerks is well positioned for success. I have enjoyed working with the entire MDWerks team and look forward to following the Company’s progress in the years to come.”
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Click here to learn more about RF Specialties.
