TORONTO, Jan. 20, 2012 /PRNewswire/ - EKO INTERNATIONAL
CORP. (the "Company") - (EKNL - Pinksheets), is pleased to announce
that it is in the process of concluding negotiations for the
acquisition of a second subsidiary. The intended target is a
new and used equipment dealer operating globally.
A significant portion of the business currently being conducted
by the target, is the buying and selling of off lease equipment and
trucking fleets. The target company reported the following
sales: 2009 - $1,883,000, 2010
-$ 4,735,000, 2011 - $5,386,000 and the first four months of the 2012
year beginning October
1st, 2011 - $3,072,000.
The Company expects to close this acquisition within the next 30
days subject to all parties reaching a final agreement.
The Company, is a holding company and continues to search for
profitable operating companies to acquire.
SOURCE EKO INTERNATIONAL CORP.
