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Article: Veri-Tek International Announces Sale of Diesel Engine Testing Equipment Assets.
- Article from:
- PR Newswire
- Article date:
- July 11, 2007
CopyrightCOPYRIGHT 2007 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Transaction Will Complete Divestiture of Testing and Assembly Equipment Segment
Transaction to Close August 1, 2007
BRIDGEVIEW, Ill., July 11 /PRNewswire-FirstCall/ -- Veri-Tek International Corp. , a leading North American manufacturer of engineered lifting equipment announced today that it has signed a definitive agreement to sell its diesel engine testing equipment assets to EuroMaint Industry, Inc., a wholly owned subsidiary of EuroMaint Industries AB, a Swedish supplier of equipment and maintenance services. Veri-Tek will receive $1.1 million in cash as consideration for these assets, which consists of equipment, intellectual property, and ...
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