Ultimate Holdings Corporation, (OTC: NXTN), a Nevada corporation, announced they will be acquiring two privately held Idaho
26 Agosto 2019 - 11:58AM
InvestorsHub NewsWire
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August
26, 2019 -- InvestorsHub NewsWire
-- Ultimate Holdings
Corporation, (USOTC:NXTN),
a
Nevada corporation,
announced
they
will be
acquiring two
privately held Idaho transportation
freight hauling-related
companies.
The
acquisitions are
expected to be finalized by the end of the
year.
Annual
revenues of the companies being acquired have averaged 15% - 20%
growth each year during the past six years, with a
positive bottom line.
Management of the
companies being acquired are looking forward
to a strategic
partnership
with
Ultimate Holdings Corporation. "The trucking industry
has experienced challenges in being able to hire new drivers
and
retain
drivers.
We
do not
have that challenge. We have proudly invested in our
drivers,
carriers
and infrastructure to profitably
build our
businesses. We
are
excited,
knowing
that Ultimate Holdings Corporation supports our
unique
approach.
We
believe our strengths, and the strong
cultural
connection our
companies share, will
promote
continued
growth
and success
for many
years to come."
https://www.ultimateholdingscorp.com
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