TORONTO, Jan. 20, 2012 /CNW/ - EKO INTERNATIONAL CORP. (the "Company") -
(EKNL - Pinksheets), is pleased to announce that it is in the process
of concluding negotiations for the acquisition of a second subsidiary.
The intended target is a new and used equipment dealer operating
A significant portion of the business currently being conducted by the
target, is the buying and selling of off lease equipment and trucking
fleets. The target company reported the following sales: 2009 -
$1,883,000, 2010 -$ 4,735,000, 2011 - $5,386,000 and the first four
months of the 2012 year beginning October 1st, 2011 - $3,072,000.
The Company expects to close this acquisition within the next 30 days
subject to all parties reaching a final agreement.
The Company, is a holding company and continues to search for profitable
operating companies to acquire.
SOURCE EKO INTERNATIONAL CORP.
For further information:
please contact the company by e-mail at email@example.com