📱 Questor Technology Signs Letter of Intent to Acquire
Published by OOPSONLINE.IN · Source: The Manila Times · 1 min read · · Updated
What actually happened
Acquisition would enable access to established field service and fabrication capabilities through Emission Rx’s relationship with AeroTech Group of Companies, and the addition of two senior leaders with deep knowledge of Questor’s technology and marketsBeyond the revenue and expected gross margin increase, the combined entity is expected to generate cross-selling opportunities and commercial synergies through Emission Rx’s installed base and customer relationshipsOutstanding litigation between the two businesses would be resolvedA non-binding letter of intent (the 'LOI”) terminates automatical
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