STOCK TITAN

Monkey Rock Group, Inc. Announces its 2nd and 3rd Acquisitions from its Targeted Business Plan for Global Presence and Enhanced Business Strategy with Annual Revenues In Excess of Fifty Million USD

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Positive)

Monkey Rock Group Inc. (OTC Pink: MKRO) has announced its 2nd and 3rd acquisitions through its subsidiary Global United Logistic. The company has signed contracts to acquire 100% stakes in FGL GLOBAL LOGISTICA LTDA and C-FREIGHT AGENCIAMENTOS INTERNACIONAIS LTDA, two Brazilian logistics firms. These acquisitions are expected to generate approximately €56 million in revenue with an EBITDA of 34.1%.

The strategic goal of these acquisitions is to enhance production processes through digitalization and promote ecological transition in logistics. MKRO aims to establish a global presence and implement a green, zero-emission approach to traditional logistics and transportation. These moves align with Monkey Rock's targeted business plan for global expansion and an enhanced business strategy.

Monkey Rock Group Inc. (OTC Pink: MKRO) ha annunciato le sue seconde e terze acquisizioni tramite la sua controllata Global United Logistic. L'azienda ha firmato contratti per acquisire il 100% delle quote di FGL GLOBAL LOGISTICA LTDA e C-FREIGHT AGENCIAMENTOS INTERNACIONAIS LTDA, due aziende logistiche brasiliane. Queste acquisizioni si prevede genereranno circa 56 milioni di euro in entrate con un EBITDA del 34,1%.

L'obiettivo strategico di queste acquisizioni è quello di migliorare i processi produttivi attraverso la digitalizzazione e promuovere la transizione ecologica nella logistica. MKRO punta a stabilire una presenza globale e implementare un approccio verde a zero emissioni nella logistica e nel trasporto tradizionali. Queste mosse si allineano con il piano commerciale mirato di Monkey Rock per l'espansione globale e una strategia aziendale potenziata.

Monkey Rock Group Inc. (OTC Pink: MKRO) ha anunciado sus segundas y terceras adquisiciones a través de su subsidiaria Global United Logistic. La compañía ha firmado contratos para adquirir el 100% de las acciones de FGL GLOBAL LOGISTICA LTDA y C-FREIGHT AGENCIAMENTOS INTERNACIONAIS LTDA, dos empresas logísticas brasileñas. Se espera que estas adquisiciones generen aproximadamente 56 millones de euros en ingresos con un EBITDA del 34,1%.

El objetivo estratégico de estas adquisiciones es mejorar los procesos de producción a través de la digitalización y promover la transición ecológica en la logística. MKRO tiene como objetivo establecer una presencia global e implementar un enfoque verde y de cero emisiones en la logística y el transporte tradicionales. Estos movimientos se alinean con el plan de negocio orientado de Monkey Rock para la expansión global y una estrategia empresarial mejorada.

몽키 록 그룹 주식회사 (OTC Pink: MKRO)는 자회사 글로벌 유나이티드 로지스틱스를 통해 두 번째 및 세 번째 인수를 발표했습니다. 회사는 FGL GLOBAL LOGISTICA LTDA와 C-FREIGHT AGENCIAMENTOS INTERNACIONAIS LTDA의 100% 지분을 인수하는 계약을 체결했습니다, 두 개의 브라질 물류 회사입니다. 이러한 인수는 약 5600만 유로의 수익을 생성하고 EBITDA는 34.1%에 이를 것으로 예상됩니다.

이러한 인수의 전략적 목표는 디지털화를 통해 생산 프로세스를 향상시키고 물류 분야에서 생태적 전환을 촉진하는 것입니다. MKRO는 글로벌 존재감을 확립하고 전통적인 물류 및 운송에서 친환경 제로 배출 접근 방식을 구현하는 것을 목표로 하고 있습니다. 이러한 조치는 몽키 록의 글로벌 확장을 위한 목표 사업 계획과 향상된 비즈니스 전략에 부합합니다.

Monkey Rock Group Inc. (OTC Pink: MKRO) a annoncé ses deuxième et troisième acquisitions par l'intermédiaire de sa filiale Global United Logistic. L'entreprise a signé des contrats pour acquérir 100% des actions de FGL GLOBAL LOGISTICA LTDA et C-FREIGHT AGENCIAMENTOS INTERNACIONAIS LTDA, deux entreprises logistiques brésiliennes. Ces acquisitions devraient générer environ 56 millions d'euros de chiffre d'affaires avec un EBITDA de 34,1%.

L'objectif stratégique de ces acquisitions est de renforcer les processus de production grâce à la digitalisation et de promouvoir la transition écologique dans la logistique. MKRO vise à établir une présence mondiale et à mettre en œuvre une approche verte et zéro émission dans la logistique traditionnelle et le transport. Ces initiatives s'alignent sur le plan d'affaires ciblé de Monkey Rock pour une expansion mondiale et une stratégie commerciale améliorée.

Die Monkey Rock Group Inc. (OTC Pink: MKRO) hat ihre zweite und dritte Übernahme über ihre Tochtergesellschaft Global United Logistic angekündigt. Das Unternehmen hat Verträge unterzeichnet, um 100% der Anteile an FGL GLOBAL LOGISTICA LTDA und C-FREIGHT AGENCIAMENTOS INTERNACIONAIS LTDA, zwei brasilianischen Logistikunternehmen, zu erwerben. Es wird erwartet, dass diese Übernahmen etwa 56 Millionen Euro an Einnahmen bei einer EBITDA von 34,1% generieren werden.

Das strategische Ziel dieser Übernahmen besteht darin, die Produktionsprozesse durch Digitalisierung zu verbessern und den ökologischen Übergang in der Logistik zu fördern. MKRO strebt an, eine globale Präsenz aufzubauen und einen grünen Ansatz mit null Emissionen in der traditionellen Logistik und im Transport umzusetzen. Diese Schritte stehen im Einklang mit dem gezielten Geschäftsplan von Monkey Rock für die globale Expansion und eine verbesserte Geschäftsstrategie.

Positive
  • Acquisition of two profitable logistics companies with combined revenue of €56 million
  • High EBITDA margin of 34.1% from the acquired companies
  • Expansion into the Brazilian market, enhancing global presence
  • Strategic focus on digitalization and ecological transition in logistics
Negative
  • None.

Milan, Italy--(Newsfile Corp. - July 30, 2024) - Monkey Rock Group Inc. (OTC Pink: MKRO), a US corporation organized under Delaware law, is pleased to announce its subsidiary Global United Logistic , Italian corporation organized under Italian law, controlled from through Sviluppo Dati S.r.l., an Italian firm specializing in payroll processing and accounting for logistics, signed acquisition contract for two new Mergers: FGL GLOBAL LOGISTICA LTDA and C-FREIGHT AGENCIAMENTOS INTERNACIONAIS LTDA .

On July 22th, 2024, Global United Logistic signed an agreement to acquire a 100% stake in FGL GLOBAL LOGISTICA LTDA (www.fglglobal.com) and C-FREIGHT AGENCIAMENTOS INTERNACIONAIS LTDS (https://cfreightlogistics.com) together generating approximately € 56 million in revenue with EBITDA of 34.1% .

Monkey Rock's strategic goal is to enhance production processes by integrating digitalization across all operations, leveraging Sviluppo Dati's expertise. The company is also dedicated to ecological transition, aiming to transform traditional logistics and transportation into green, zero-emission solutions.

Our President Giuseppe Esposito stated "We are pleased for these strategic and important transactions for Monkey Rock. These two additional acquisitions demonstrate the commitment to a strategic plan of growth and Global Presence for the Monkey Rock Group and where MKRO has confirmed to be ready and demonstrates its willing to establish its independent identity."

Giuseppe Esposito
President
Monkey Rock Group, Inc.
GE Holding SRL
+3902800281

Forward-looking statements

This document contains certain forward-looking statements with respect to the financial condition, results of operations and business of Monkey Rock Group, Inc., (MKRO), certain of the plans and objectives of MKRO with respect to these items. Examples of forward-looking statements include statements made about our strategy, estimates of sales growth, future EBITA and future developments in our organic business. Forward-looking statements can be identified generally as those containing words such as "anticipates", "assumes", "believes", "estimates", "expects", "should", "will", "will likely result", "forecast", "outlook", "projects", "may" or similar expressions. By their nature, forward-looking statements involve risk and uncertainty because they relate to future events and circumstances and there are many factors that could cause actual results and developments to differ materially from those expressed or implied by these forward-looking statements.

These factors include, but are not limited to, domestic and global economic and business conditions, the successful implementation of our strategy and our ability to realize the benefits of this strategy, our ability to develop and market new products, changes in legislation, legal claims, changes in exchange and interest rates, changes in tax rates, pension costs and actuarial assumptions, raw materials and employee costs, our ability to identify and complete successful acquisitions and to integrate those acquisitions into our business, our ability to successfully exit certain businesses or restructure our operations, the rate of technological changes, political, economic and other developments in countries where MKRO operates, industry consolidation and competition. As a result, MKRO actual future results may differ materially from the plans, goals and expectations set forth in such forward-looking statements.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/218208

FAQ

What companies did Monkey Rock Group (MKRO) acquire in its recent announcement?

Monkey Rock Group (MKRO) acquired 100% stakes in two Brazilian logistics companies: FGL GLOBAL LOGISTICA LTDA and C-FREIGHT AGENCIAMENTOS INTERNACIONAIS LTDA.

How much revenue are the newly acquired companies expected to generate for MKRO?

The newly acquired companies are expected to generate approximately €56 million in revenue for Monkey Rock Group (MKRO).

What is the EBITDA margin of the companies acquired by Monkey Rock Group (MKRO)?

The EBITDA margin of the companies acquired by Monkey Rock Group (MKRO) is 34.1%.

What are the strategic goals of Monkey Rock Group (MKRO) with these acquisitions?

Monkey Rock Group (MKRO) aims to enhance production processes through digitalization, promote ecological transition in logistics, establish a global presence, and implement green, zero-emission solutions in traditional logistics and transportation.

MONKEY ROCK GROUP INC

OTC:MKRO

MKRO Rankings

MKRO Latest News

MKRO Stock Data

45.37M
Shell Companies
Financial Services
United States of America
Yuma