RJD Green Inc (RJDG)

[ORCA]

RJDG.0055.HUGE NEWS OUT.RJD Green Inc. Executes a Definitive Purchase Agreement for the Silex Holdings Division
8:28 AM ET 11/30/20 | GlobeNewswire


RJD Green Inc. Executes a Definitive Purchase Agreement for the Silex Holdings Division

TULSA, OK, Nov. 30, 2020 (GLOBE NEWSWIRE) -- via NewMediaWire -- RJD Green Inc. (OTCPK: RJDG) announced they have executed a definitive purchase agreement with a premier mid-west regional fabricator of stone and engineered stone products. The closing date is scheduled for February 1, 2021.

The Company, formed in 1995, is a leading regional provider of premium quality natural stone and engineered stone products, with totally automated fabrication systems in place to achieve highest quality control and premium products.

The Company combined with the existing Silex Interiors fabrication operations creates over $10,000,000 in annual revenues for the Silex Holdings Division prior to the immediate growth opportunities.

Ron Brewer, CEO, stated, "This acquisition solidifies our construction products and services division by combining two excellent profit centers with symmetrical regional markets. Post-closing, we fully explore the synergistic operational and administrative opportunities available that create substantial efficiencies and greater customer outreach. Growth should occur through the planned introduction of new products and services by both operations along with current contracts that will begin in 2021.

"RJG Green can now focus its outreach to possible acquisitions in the healthcare sector and green environmental products and services to continue completing its business model in 2021."