Welcome to our dedicated page for ILUSTRATO PICTURES INTL news (Ticker: ILUS), a resource for investors and traders seeking the latest updates and insights on ILUSTRATO PICTURES INTL stock.
ILUSTRATO PICTURES INTL (ILUS) is a mergers and acquisitions company focused on acquiring businesses in public safety, industrial, defense, and renewable sectors. The company has recently made significant progress across its subsidiaries, such as Quality Industrial Corp. filing its S-1 Registration Statement and awaiting SEC comments. ILUS has finalized the acquisition of a company as a Special Purpose Vehicle to further its subsidiary business plan. With plans for Emergency Response Technologies (ERT) to uplist to NYSE American, ILUS is strategically expanding its presence in the US and Middle East. The company is also working on a major acquisition deal to enhance its defense and security offerings, in line with the growing demand in the global defense market.
ILUS International (OTC: ILUS) has signed Heads of Terms for its acquisition of Precision Powered Products Inc, a fire pump system manufacturer generating annual revenues of approximately $8 million. Precision has a well-established clientele, including major oil and gas companies like BP and Exxon. This acquisition aims to make Precision the US manufacturing hub for ILUS's firefighting pumps and equipment, enhancing distribution capabilities through ILUS's existing network. The move aligns with ILUS's strategy to expand its emergency services technology portfolio.
ILUS International Inc (OTC: ILUS) announces its first Annual Shareholder Meeting scheduled for January 28, 2022, in Las Vegas. The event will showcase the company's innovative public safety technologies and provide a report on its strong 2021 performance. ILUS plans to discuss its roadmap for 2022, including aspirations for a NASDAQ uplist. Preliminary details about two additional shareholder meet-ups in New York City and Las Vegas are also highlighted. Furthermore, the company aims to share acquisition news and its Q3 results on November 15, 2021, before the New York meetup.
ILUS International Inc (OTC: ILUS) has successfully acquired Bull Head Products Inc, a manufacturer specializing in aluminum truck beds for firefighting and rescue operations. This strategic move aims to enhance ILUS' manufacturing capabilities in the U.S., expected to quadruple Bull Head's revenue, which currently generates over $1 million annually. The acquisition is a key part of ILUS's strategy to accelerate growth through multiple acquisitions while establishing a U.S. manufacturing base for its firefighting vehicles. ILUS plans to appoint new distributors and significantly increase production capacity.
ILUS International Inc (OTC: ILUS) has made significant progress in 2021, completing four acquisitions and nearing three more by year's end. The UK patent acceptance for its Mongoose firefighting lance marks a critical step toward broader patent approvals in key markets. This technology promises enhanced safety and effectiveness in tackling compartment fires. Sales growth has been observed in regions including India and the Gulf, bolstering ILUS's market credibility. The Mongoose's unique capabilities and technological advantages position ILUS for continued success in the firefighting industry.
ILUS International Inc (OTC: ILUS) has made significant strides in 2021, having completed four acquisitions, including the notable acquisition of BCD Fire. BCD Fire has secured contracts totaling $1.5 million in the third quarter, with a recent $1 million contract for the Burj 2020 project in Dubai. The hiring of 45 technicians aims to obtain an A-level license for larger projects in the UAE. Notably, BCD Fire also completed contracts valued at $426,000 and $141,000 for prominent installations in Dubai. ILUS is poised for continued growth, emphasizing its successful quarter and future pipeline of projects.
ILUS International Inc (OTC: ILUS) has officially agreed to acquire a profitable US-based firefighting equipment distributor with an annual turnover of $3 million. This strategic acquisition aligns with ILUS's goal to penetrate the US market and includes exclusive distribution rights for various leading firefighting equipment brands. The acquisition also serves to enhance ILUS's distribution model and reinforces its strategy of acquiring existing revenue-generating businesses. Future plans include expanding distribution capabilities and improving product offerings alongside ongoing acquisitions in the US and Europe.
ILUS International Inc (OTC: ILUS) is advancing its acquisition strategy, focusing on technology-based companies. The company is nearing completion of a significant manufacturing facility acquisition in Europe, tied to a government contract for firefighting vehicles meeting Euro 6 emissions standards. The deal, characterized as a partial privatization, has faced delays but is progressing through complex legal and political discussions. Management expresses optimism for this strategic move, which is expected to enhance production capabilities and broaden market reach.
ILUS International Inc (OTC: ILUS) has announced its participation in the Emerging Growth Conference on September 15, 2021. The conference will feature an interactive presentation led by Managing Director John-Paul Backwell, showcasing ILUS’ innovative technology and strategies, including the Wildfire Strategy aimed at combating global wildfires. The presentation is scheduled for 10:15 AM Eastern time and will last for 30 minutes, followed by a Q&A session. Archived webcasts will be available for those unable to attend live.
ILUS International Inc (OTC: ILUS) focuses on mergers and acquisitions in public safety technology. Currently, it has over 20 initiatives, including 10 acquisitions at diverse stages globally. Notably, it aims to finalize four deals in the US and a significant acquisition in Europe linked to large-scale manufacturing. ILUS is also exploring numerous partnerships, including autonomous firefighting vehicles and firefighting drones. The company anticipates completing its Share Structure update shortly. With new hires in several sectors, ILUS is strategically positioned for expansion.
ILUS International Inc. (OTC: ILUS) has appointed Nadine Bell as Group Finance Director, bringing 19 years of financial management experience in sectors like manufacturing and construction. This strategic hire is crucial for ILUS as it continues to pursue multiple acquisitions and enhance financial management within its existing portfolio. Nadine's expertise in financial planning and reporting across various legal entities will support the company's ongoing growth initiatives, including the implementation of a new global ERP system. Managing Director John-Paul Backwell highlighted her ability to drive rapid, sustainable growth.