ATWEC Technologies Acquires Assembled Products, Inc. for $2.6M

November 11, 2020

ATWEC Technologies, Inc. (OTC: ATWT), a Memphis-based safety and security technology company, acquired its contract manufacturer Assembled Products, Inc. in a transaction valued at $2.6 million in cash and stock. The acquisition brings manufacturing in-house at Assembled Products' Rogersville, Alabama facility to reduce production costs, increase margins, and accelerate product development for ATWEC's child safety and vehicle sanitation systems.

Targets
Assembled Products, Inc.
Industry
Manufacturing
Location
Alabama, United States
Transaction Type
Buyout

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