Kronos Advanced Technologies Announces Letter of Intent to Acquire Leading Data-Marketing and Direct to Consumer marketing Company, Suarez Corporation Industries, for Total Potential Consi...
KRONOS ADVANCED TECHS INC (KNOS)
Company Research
Source: Yahoo! Finance
PArkersburg, West Virginia, Aug. 27, 2024 (GLOBE NEWSWIRE) -- Parkersburg, WV - August 27, 2024 - Kronos Advanced Technologies Inc. (OTC: KNOS), a leader in advanced air purification and innovative technology solutions, today announced it has entered into a non-binding Letter of Intent ("LOI") to acquire Suarez Corporation Industries, and affiliated companies through a strategic acquisition aimed at revitalizing the legacy of this well-established direct marketing giant. The acquisition, outlined in a recently signed Letter of Intent, represents a pivotal moment for both companies, combining their strengths to drive substantial growth in the coming years. About Suarez Corporation Industries: A Legacy of Success Suarez Industries, founded by Ben Suarez in 1968, has grown from a humble mail-order business to a powerhouse in direct marketing. With a steadfast commitment to innovation and quality, the company has become a leader in the industry, known for its diverse product offering
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