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Titan Energy Worldwide, Inc. (TEWI)
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Create: Alert |
All | News | Filings
Date Filed | Type | Description |
06/17/2009 |
8-K
| Acquisition/merger/asset purchase announced
Docs:
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"Asset Purchase Agreement, by and among Grove Power, Inc., RB Grove, Inc. and Tom Piper, the sole shareholder of RB Grove, Inc",
"Security Agreement, between Grove Power, Inc. and RB Grove, Inc",
"Sublease Agreement, between Grove Power, Inc. and RB Grove, Inc",
"Secured Promissory Note",
"SOURCE: Titan Energy Worldwide Jun 16, 2009 10:41 ET Titan Energy Worldwide Completes Asset Purchase of Established Power Generation Business in Miami, Florida Titan Energy Gains Entry to the Strategically Important Florida Market MINNEAPOLIS, MN— - Titan Energy Worldwide, Inc. , www.titanenergy.com, a leader in the manufacturing, marketing and servicing of energy generation products and services, announced today that the Company has completed the purchase of selected assets and liabilities of R.B. Grove, Inc., a 50 year old leading supplier and servicing company for industrial generators and other power equipment in Southern Florida. "This purchase gives Titan Energy entrance into Florida's $150 million emergency power market," stated Thomas Black, President of Titan Energy Worldwide, Inc..." |
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