Petrochem Industrie Group
Wednesday 04/27/2016 04:15 PM ET - MarketWire via Dow Jones News
NAC Global Technologies Announces Planned Merger With SHE -- Swiss Heights Engineering -- a Holding Company for Bellelli Engineering Group and Petrochem Industrie Group JACKSONVILLE, FL--(Marketwired - Apr 27, 2016) - NAC Global Technologies, Inc. (OTCQB: NACG) - NAC Global Technologies, Inc. today announced that it has agreed to terms and executed a Letter of Intent to acquire Swiss Heights Engineering S.A. (SHE) of Lugano, Switzerland, a holding company engaged to hold 100% of Bellelli group of companies and 100% of Petrochem Industrie group of companies The contemplated combination would vastly expand NAC's business size and its global footprint in the engineering services, energy markets, chemical processing, and petrochemical markets.