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Saturday, March 27, 2021 7:46:32 AM
The Chairman and CEO of Monbat, Atanas Bobokov, stated the following: “This
acquisition marks the entry of Monbat into the German market and commitment
to a potentially world changing technology. In the last two years, we have
analysed many opportunities for further growth of our group but the
combination of the former Gaia and EAS companies was unique as was the
knowledge of the local team. Monbat will simply do the rights things – we will
revitalise and merge these two companies into one complete business from a
technology, production, and sales pipeline point of view. We will grow the
business and develop new products that will be unique quality wise. We will
build new state of the art facilities that will enable us to produce these new
products in large quantities for the benefit of all stakeholders.
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