RB Residential and Sky Quarry Combine Forces with LOI to Integrate Advanced Sustainability Tech with Expert Roofing Services
RB Residential and Sky Quarry (NASDAQ: SKYQ) have signed a Letter of Intent (LOI) to explore a strategic alliance aimed at revolutionizing sustainable practices in the roofing industry. The non-binding agreement outlines a framework for Sky Quarry to potentially acquire RB Residential, subject to negotiations, due diligence, and stockholder approval.
RB Residential, known for comprehensive roofing services including inspections, repairs, and storm damage restoration, will integrate Sky Quarry's innovative waste asphalt shingle recycling technology into their operations. This collaboration aims to reduce waste while promoting the use of eco-friendly products in roofing projects.
Mike Jaap, CEO of RB Residential, emphasized the partnership's potential to enhance sustainable solutions for customers, while David Sealock, CEO of Sky Quarry, highlighted the alignment of both companies' commitment to quality and environmental impact.
RB Residential e Sky Quarry (NASDAQ: SKYQ) hanno firmato una Lettera di Intenti (LOI) per esplorare un'alleanza strategica finalizzata a rivoluzionare le pratiche sostenibili nel settore delle coperture. L'accordo non vincolante delinea un quadro per una possibile acquisizione di RB Residential da parte di Sky Quarry, soggetta a negoziazioni, due diligence e approvazione degli azionisti.
RB Residential, nota per i suoi servizi completi di copertura tra cui ispezioni, riparazioni e ripristino dopo eventi atmosferici, integrerà la tecnologia innovativa di riciclaggio degli shingles in asphalt di Sky Quarry nelle proprie operazioni. Questa collaborazione mira a ridurre i rifiuti promuovendo l'uso di prodotti ecologici nei progetti di copertura.
Mike Jaap, CEO di RB Residential, ha sottolineato il potenziale della partnership per migliorare le soluzioni sostenibili per i clienti, mentre David Sealock, CEO di Sky Quarry, ha evidenziato l'allineamento dell'impegno di entrambe le aziende verso la qualità e l'impatto ambientale.
RB Residential y Sky Quarry (NASDAQ: SKYQ) han firmado una Carta de Intención (LOI) para explorar una alianza estratégica destinada a revolucionar las prácticas sostenibles en la industria de techado. El acuerdo no vinculante establece un marco para que Sky Quarry potencialmente adquiera RB Residential, sujeto a negociaciones, debida diligencia y aprobación de los accionistas.
RB Residential, conocida por sus servicios integrales de techado que incluyen inspecciones, reparaciones y restauración de daños por tormentas, integrará la innovadora tecnología de reciclaje de tejas asfálticas de Sky Quarry en sus operaciones. Esta colaboración tiene como objetivo reducir los residuos mientras promueve el uso de productos ecológicos en proyectos de techado.
Mike Jaap, CEO de RB Residential, enfatizó el potencial de la asociación para mejorar las soluciones sostenibles para los clientes, mientras que David Sealock, CEO de Sky Quarry, destacó la alineación del compromiso de ambas empresas con la calidad y el impacto ambiental.
RB Residential와 Sky Quarry (NASDAQ: SKYQ)는 지붕 산업의 지속 가능한 관행을 혁신하기 위한 전략적 동맹을 탐구하기 위한 의향서(LOI)에 서명했습니다. 이 비구속적 합의는 Sky Quarry가 RB Residential을 인수할 수 있는 프레임워크를 개략적으로 설명하며, 이는 협상, 실사 및 주주 승인을 조건으로 합니다.
RB Residential은 검사, 수리 및 폭풍 피해 복원을 포함한 종합 지붕 서비스로 잘 알려져 있으며, Sky Quarry의 혁신적인 폐 아스팔트 슁글 재활용 기술을 그들의 운영에 통합할 것입니다. 이 협력은 폐기물을 줄이는 동시에 지붕 프로젝트에서 친환경 제품의 사용을 촉진하는 것을 목표로 합니다.
RB Residential의 CEO 마이크 자프는 고객을 위한 지속 가능한 솔루션을 향상시키기 위한 파트너십의 잠재성을 강조했으며, Sky Quarry의 CEO 데이비드 실록은 두 회사의 품질 및 환경 영향에 대한 헌신의 일치를 강조했습니다.
RB Residential et Sky Quarry (NASDAQ: SKYQ) ont signé une Lettre d'Intention (LOI) pour explorer une alliance stratégique visant à révolutionner les pratiques durables dans l'industrie de la toiture. L'accord non contraignant définit un cadre pour que Sky Quarry envisage d'acquérir RB Residential, sous réserve de négociations, de diligences raisonnables et d'approbation des actionnaires.
RB Residential, connue pour ses services de toiture complets, y compris les inspections, les réparations et la restauration des dommages causés par les tempêtes, intégrera la technologie innovante de recyclage des bardeaux d'asphalte usagés de Sky Quarry dans ses opérations. Cette collaboration vise à réduire les déchets tout en favorisant l'utilisation de produits respectueux de l'environnement dans les projets de toiture.
Mike Jaap, PDG de RB Residential, a souligné le potentiel du partenariat pour améliorer les solutions durables pour les clients, tandis que David Sealock, PDG de Sky Quarry, a mis en avant l'alignement de l'engagement des deux entreprises envers la qualité et l'impact environnemental.
RB Residential und Sky Quarry (NASDAQ: SKYQ) haben ein Absichtserklärung (LOI) unterzeichnet, um eine strategische Allianz zu erkunden, die darauf abzielt, nachhaltige Praktiken in der Dachdeckerindustrie zu revolutionieren. Die unverbindliche Vereinbarung skizziert einen Rahmen für Sky Quarry, um möglicherweise RB Residential zu erwerben, vorbehaltlich von Verhandlungen, Due Diligence und der Zustimmung der Aktionäre.
RB Residential, bekannt für umfassende Dachdeckerleistungen, einschließlich Inspektionen, Reparaturen und Wiederherstellung von Sturmschäden, wird die innovative Technologie zum Recycling von Abfallasphalt-Shingles von Sky Quarry in ihre Abläufe integrieren. Diese Zusammenarbeit zielt darauf ab, Abfall zu reduzieren und die Verwendung umweltfreundlicher Produkte in Dachprojekten zu fördern.
Mike Jaap, CEO von RB Residential, betonte das Potenzial der Partnerschaft, nachhaltige Lösungen für Kunden zu verbessern, während David Sealock, CEO von Sky Quarry, die Übereinstimmung des Engagements beider Unternehmen für Qualität und Umweltauswirkungen hervorhob.
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This pivotal LOI marks the commencement of a collaboration that targets integrating eco-friendly solutions into roofing services. RB Residential and Sky Quarry are dedicated to environmental stewardship, supporting communities, and enhancing service quality through innovative solutions.
RB Residential's Commitment to Excellence and Sustainability
RB Residential provides comprehensive roofing services, including inspections, repairs, replacements, and storm damage restoration. With an extensive network of skilled contractors, the company is dedicated to delivering exceptional service to residential and commercial clients. Steadfast with its core values of protecting, restoring, and building, RB Residential is poised to expand its environmental impact by leveraging Sky Quarry's sustainable solutions.
Sky Quarry's Innovative Recycling Technology
Sky Quarry Inc. has pioneered innovative methods for reclaiming and repurposing waste asphalt shingles into valuable, eco-friendly commercial products. Through this partnership, RB Residential will incorporate sustainable materials sourced from Sky Quarry, thereby reducing waste and championing the use of environmentally friendly products in their roofing projects.
Voices from the Leadership: A Shared Vision
"We are thrilled to explore a partnership and potential merger with Sky Quarry," said Mike Jaap, Chief Executive Officer of RB Residential, Inc. "This collaboration will enhance our ability to offer sustainable solutions to our customers and advance our mission to protect and restore properties while actively supporting our communities. It's a win-win for our businesses, customers, and the environment."
"Bringing RB Residential under the Sky Quarry umbrella in a potential partnership or merger would be an ideal match for us," said David Sealock, CEO of Sky Quarry Inc. "Their unwavering commitment to quality and sustainability aligns perfectly with our vision of making a significant environmental impact. Together, we can revolutionize the roofing industry by promoting recycling and innovation."
Towards a Sustainable Future
The LOI is non-binding upon the parties and sets forth an initial framework whereby Sky Quarry would seek to acquire the Company, subject to negotiation as to the structure and consideration to be paid, continued due diligence and stockholder approval. The LOI further establishes a collaborative framework, detailing shared objectives and outlining the initial steps towards integrating sustainable practices into RB Residential operations. Thus, it marks the dawn of a new era in sustainable roofing solutions.
About RB Residential
Restoration Builders, Inc., is a technology-driven residential and commercial contractor in
About Sky Quarry
Sky Quarry Inc. is an eco-friendly company focusing on sustainable solutions for repurposing waste asphalt shingles. It is committed to revolutionizing the roofing industry and promoting environmental sustainability by transforming these waste materials into valuable commercial products. Sky Quarry's waste-to-energy mission is to repurpose and upcycle millions of tons of asphalt shingle waste, diverting them from landfills. By doing so, Sky Quarry can contribute to improved waste management, promote resource efficiency, conserve natural resources, and reduce environmental impact. For more information, please visit Sky Quarry.
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SOURCE Restoration Builders
FAQ
What are the terms of the LOI between RB Residential and Sky Quarry (SKYQ)?
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