Eco-Growth Strategies, Inc. Announces Merger Agreement to Acquire Hawaiian Springs Water in Hilo, HI
Eco-Growth Strategies (OTC PINK: ECGS) has announced a merger agreement to acquire Hawaiian Springs Water Company (HSW) for $4.5 million. The acquisition includes a 33,000-square-foot bottling facility on 7 acres of leased land near Hilo, HI, equipped with a solar farm for alternative power.
The deal's completion is contingent on successful due diligence and ECGS's planned uplisting to a senior exchange by Q2 2025. HSW, established over 20 years ago, generates $4 million in annual revenue and maintains distribution in approximately 20,000 locations across Hawaii and mainland USA through grocery stores, retail outlets, and online platforms.
Eco-Growth Strategies (OTC PINK: ECGS) ha annunciato un accordo di fusione per acquisire Hawaiian Springs Water Company (HSW) per 4,5 milioni di dollari. L'acquisizione include un impianto di imbottigliamento di 33.000 piedi quadrati su 7 acri di terreno in affitto vicino a Hilo, HI, attrezzato con un campo solare per energia alternativa.
Il completamento dell'affare è subordinato a una due diligence di successo e all'up-listing pianificato di ECGS su un mercato superiore entro il secondo trimestre del 2025. HSW, fondata oltre 20 anni fa, genera 4 milioni di dollari di fatturato annuale e mantiene la distribuzione in circa 20.000 località nelle Hawaii e nel continente USA attraverso supermercati, negozi al dettaglio e piattaforme online.
Eco-Growth Strategies (OTC PINK: ECGS) ha anunciado un acuerdo de fusión para adquirir Hawaiian Springs Water Company (HSW) por 4.5 millones de dólares. La adquisición incluye una planta de embotellado de 33,000 pies cuadrados en 7 acres de terreno arrendado cerca de Hilo, HI, equipada con un campo solar para energía alternativa.
La finalización del acuerdo está sujeta a una debida diligencia exitosa y a la planificación de ECGS para listar en un intercambio superior para el segundo trimestre de 2025. HSW, establecida hace más de 20 años, genera 4 millones de dólares en ingresos anuales y mantiene distribución en aproximadamente 20,000 ubicaciones en Hawái y el continente de EE. UU. a través de supermercados, tiendas minoristas y plataformas en línea.
에코-성장 전략 (OTC PINK: ECGS)는 하와이안 스프링스 워터 컴퍼니 (HSW)를 450만 달러에 인수하기 위한 합병 계약을 발표했습니다. 인수에는 하와이 힐로 근처의 7에이커 임대 토지에 있는 33,000제곱피트의 병입 시설이 포함되며, 대체 전력을 위한 태양광 발전소가 장착되어 있습니다.
계약 완료는 성공적인 실사를 조건으로 하며, ECGS는 2025년 2분기까지 고급 거래소로의 상장을 계획하고 있습니다. HSW는 20년 이상의 역사를 가지고 있으며, 연간 400만 달러의 수익을 창출하고 있으며, 하와이와 본토 미국 전역의 약 20,000개 위치에서 슈퍼마켓, 소매점 및 온라인 플랫폼을 통해 유통을 유지하고 있습니다.
Eco-Growth Strategies (OTC PINK: ECGS) a annoncé un accord de fusion pour acquérir Hawaiian Springs Water Company (HSW) pour 4,5 millions de dollars. L'acquisition comprend une usine d'embouteillage de 33 000 pieds carrés sur 7 acres de terrain loué près de Hilo, HI, équipée d'une centrale solaire pour l'énergie alternative.
La finalisation de l'accord est conditionnée à une due diligence réussie et à la montée en bourse prévue d'ECGS sur une bourse supérieure d'ici le deuxième trimestre 2025. HSW, fondée il y a plus de 20 ans, génère 4 millions de dollars de revenus annuels et maintient une distribution dans environ 20 000 points de vente à Hawaii et sur le continent américain via des supermarchés, des points de vente au détail et des plateformes en ligne.
Eco-Growth Strategies (OTC PINK: ECGS) hat eine Fusionsvereinbarung zur Übernahme von Hawaiian Springs Water Company (HSW) für 4,5 Millionen Dollar bekannt gegeben. Die Übernahme umfasst eine 33.000 Quadratfuß große Abfüllanlage auf 7 Acres gepachteten Landes in der Nähe von Hilo, HI, ausgestattet mit einer Solaranlage für alternative Energie.
Der Abschluss des Deals ist abhängig von einer erfolgreichen Due Diligence und der geplanten Listung von ECGS an einer höheren Börse bis zum zweiten Quartal 2025. HSW, das vor über 20 Jahren gegründet wurde, erzielt 4 Millionen Dollar Jahresumsatz und hat eine Verteilung in etwa 20.000 Standorten in Hawaii und dem Festland der USA über Lebensmittelgeschäfte, Einzelhandelsgeschäfte und Online-Plattformen.
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Hawaiian Springs Water, founded over 20 years ago, is a well-established brand with a presence in approximately 20,000 locations across
W.J. (Bill) Delgado, CEO of ECGS, stated, "This acquisition enhances our Hawaiian Isles Water brand by adding a premium spring water product sourced from the pristine lava rock formations of the Big Island. With strategic investment in plant infrastructure and bottling equipment, we anticipate increased demand and expanded market opportunities."
About Eco-Growth Strategies, Inc.
Eco-Growth Strategies, Inc. is a restructured and growth-focused bottler specializing in purified and natural spring water. With a focus on the Hawaiian Islands,
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Forward-Looking Statements are included within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, including words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "could," "should," "will," and other similar expressions are forward-looking statements and involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. We are under no obligation to (and expressly disclaim any such obligation to) update or alter our forward-looking statements, whether as a result of new information, future events or otherwise.
Contact:
Lewis Cohen
l.cohen@hawaiianisleswater.com
925-260-6434
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SOURCE Eco-Growth Strategies, Inc.
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