Gaensel Energy
Group, Inc. (GEGR) Completes
Agreement to Acquire ISCOM
Spa, a Holding
Company
SALT LAKE CITY, UT -- March 24, 2021 --
InvestorsHub NewsWire -- Gaensel Energy Group, Inc., (OTC
Pink: GEGR) ("Gaensel" or the "Company"), a diversified holding
company with assets in Software/Gaming and VR, Health and Wellness,
CRM & Data, as well as General Contracting and Patented
Building supplies, is pleased to announce the completion of the
Agreement to Acquire the Italian Joint Stock Company "ISCOM
Spa"
Founded by Mr. Fabio Menegoli in 1964 s, ISCOM Spa
has grown and developed following precise principles of moral and
industrial ethics, incessant research, diversification and the
obsession to achieve excellence in multiple industry
sectors.
ISCOM, with an annual turnover in 2020 of over
$28,000,000 USD, an EBITDA of over $3.8 Million USD has solid and
motivated prospects for revenue growth and profits. The management
teach has strength and the know-how to continue to develop and
expand successfully the activities.
ISCOM - RIVERCLACK TECHNOLOGIES
(www.riverclack.com)
The underlying company RiverClark Technologies has
been the foundation of the IsCom Holding Company. Riverclark has
always been a pioneer in metal roofing. Riverclack® is the standing
seam metal roofing system for many construction modules. Its
flexibility and high performance make it the ideal solution for
schools, airports, warehouses and stadiums. Riverclack® was
conceived in Italy, in Verona, and in 30 years, thanks to its
unique qualities, it has developed into a system known and
appreciated all over the world.
The quest for a roofing system that would solve
the problems inherent to traditional metal roofing led the Company
in 1987 to the creation of the Riverclack® system, a revolution in
roofing technology. Thanks to its unique features, Riverclack®
quickly established itself on the market as "the flat metal roofing
system".
Today, ISCOM and Riverclack® are in rapid
international expansion and countless airports and commercial
buildings across the world who enjoy the protection and beauty of
Riverclack® systems.
In the past ten years our projects have included
Colombia SIMON BOLIVAR INTERNATIONAL AIRPORT - THE CARIBBEAN PORT,
Turkey ANKARA ESENBOGA AIRPORT, Russia PULKOVO ST. PETERSBURG
AIRPORT, Saudi Arabia PRINCE MOHAMMAD BIN ABDULAZIZ INTL AIRPORT,
France AQUASPORT CENTER, Saudi Arabia KSU STADIUM, Italy TECHNOGYM
VILLAGE, Italy AGRIRIVA WINERY & OIL MILL, Italy DIESEL
OFFICES. http://www.riverclack.com/es/news_6.html
IsCom asset base includes CBD Marijuana research,
cultivation, production and end user sales under its subsidiary
companies. IsCom and Gaensel management are currently
negotiating agreements on the sales and joint venture development
of its CBD and Renewable Energy Assets. Gaensel President Claudio
Pezzulla states "Iscom is an important partner is our Renewable
Energy Division with its extensive experience and contracts in the
European Market. We were able to complete this acquisition as we
have the previous transactions with a combination of investments
and funding from our partner group. IsCom brings proven
strength to our Renewable Energy division."
ISCOM SPA
Via Belvedere 78 - 37026 Pescantina, -
Italy
T +39 045 773 21 77
F +39 045 773 29 70
https://www.iscomspa.com/
About Gaensel Energy Group, Inc. (OTC Pink:
GEGR)
Gaensel Energy Group
asset base currently
consists of proven companies
in Biotech, Commodities, Apparrel – Fashion, Green and Renewable
Energy, and Technology. The management teams for each of
these divisions are actively seeking similar partners in each space
for expansion and additional acquisitions. We have been
listed on the United States OTC Markets since 2002 and the Company
is current.
Gaensel Energy Group, Inc.
57 West 200 South
Suite 300
Salt Lake City, UT 84101
admin@gegrgroup.com
Phone: +1 518-567-3649
https://www.gegrgroup.com
FORWARD-LOOKING
STATEMENTS
This press release includes "forward-looking
statements" within the meaning of U.S. federal securities laws.
Words such as "expect," "estimate," "project," "budget,"
"forecast," "anticipate," "intend," "plan," "may," "will," "could,"
"should," "believes," "predicts," "potential," "continue" and
similar expressions are intended to identify such forward-looking
statements. These forward-looking statements involve significant
risks and uncertainties that could cause the actual results to
differ materially from the expected results and, consequently, you
should not rely on these forward-looking statements as predictions
of future events. These forward-looking statements and factors that
may cause such differences include, without limitation inability to
enter into a definitive agreement with respect to the proposed
transaction or to complete the transactions contemplated by the
non-binding term sheet, matters discovered by the parties as they
complete their respective due diligence investigation of the other.
Other factors include the possibility that the proposed transaction
does not close, including due to the failure to receive required
security holder approvals, or the failure of other closing
conditions. The foregoing list of factors is not exclusive. Readers
are cautioned not to place undue reliance upon any
forward-looking statements, which speak only as of the date
made.
Gaensel Energy Group Website: http://www.gegrgroup.com
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