ATWEC Technologies Closes Acquisition of Park-Aid Asphalt, Announces New CEO
Summary
ATWEC Technologies has successfully closed its acquisition of Park-Aid Asphalt and Maintenance Ltd., a heavy civil and infrastructure contractor. This follows the Letter of Intent announced on June 2nd. The deal is expected to immediately provide meaningful revenue and cash flow, transforming ATWEC into an operational company with a diversified footprint in the Canadian civil infrastructure market. The company also announced it will appoint a new Chief Executive Officer to lead the combined entity.
At the time of this announcement, ATWT was trading at $0.00 on OTC in the Real Estate & Construction sector, with a market capitalization of approximately $2.7M. The 52-week trading range was $0.00 to $0.00. This news item was assessed with positive market sentiment and an importance score of 9 out of 10. Source: ACCESS Newswire.