Frontier Oilfield Services to Acquire TRICCAR Holdings
January 22, 2020
Frontier Oilfield Services, Inc. has entered into a definitive agreement to acquire all assets of TRICCAR Holdings, Inc.; Frontier will issue 80% of its stock in the transaction and change its name to TRICCAR, Inc. The deal is intended to take TRICCAR public, leverage Frontier's extraction/disposal expertise to improve TRICCAR's proprietary plant extraction processes, and retain Frontier shareholders with a 20% stake in the combined public company.
- Buyers
- Frontier Oilfield Services, Inc.
- Targets
- TRICCAR Holdings, Inc.
- Industry
- Biotechnology
- Location
- Nevada, United States
- Transaction Type
- Buyout
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