Trump acquisition - Key benefits to GLER and Hawk:
1. The first acquisition of Trump is company that is ALREADY generating revenues and profits. This is pretty good for a sub-penny stock. The acquisition of Trump Equipment will add 48 full-time employees to Hawk 2. Manufacturing, and also add more than $15 million in annual revenues and EBITA of more than $2 million to Hawk Manufacturing.
2. First acquisition in oil services and will form the basis of a new oil services company that will service shale and other oil fields from the Utica shale to the Permian, Eagle Ford shale of Texas and the shale oil finds in Colorado, Wyoming and North Dakota. HAWK completed this TEC transaction as an equity transaction valuing Trump Equipment at $9.5 million.
Strategic reason for this acquisition is to facilitate the upcoming oil field acquisitions where GLER will ensure that Trump is available to service the oil fieldwork operations (i.e. horizontal integration) through its San Antonio location.
3. Southern Field Maintenance (owned by Trump) has a lot of big name partners (i.e. John Deere - check out who was mentioned in the Sept. 9/13 PR - link below) that would not be partners if Southern was not worthy of the relationship. There are many unnoticed benefits of the Trump acquisition that will become evident once the acquisitions are completed and the synergistic benefits of the acquisitions under one company are realized.
Whether you need electric, LPG, diesel, cushion, pneumatic, or all terrain we have the forklifts for sale, rent or lease.
"Whether you need a truck overhauled, to rent a forklift, or you need to purchase a new bottom dump trailer, you have come to the right place".
"We offer courteous and efficient service and our business thrives on building solid relationships with our customers. We seek to offer full service, end to end solutions that ensure all needs are met to the utmost satisfaction."
"Trump Equipment Company utilizes only American made parts in all of their products and repair work. All of the materials are the highest quality available. "
5. Leading supplier of heavy trailers for the San Antonio region and the surrounding areas.
"We specialize in the sale and repair of vacuum trailers, used trailers, lowboys, and more. We are a full service company with an upstanding reputation for offering the best service at optimal prices."
"We have been in business for over two decades and during that time, we have sold thousands of trailers and completed thousands of service jobs. Our customers come to us time and again because we are a trusted name within the San Antonio community and we adhere to the highest standards within the industry."
Thank you Quiver! I just love the feeling of being reassured lol! I have bought an outstanding amount of shares so am praying without emotion that everything falls into place and the merger follows threw