https://www.otcmarkets.com/stock/ANDI/news/Andiamo
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Posted On: 04/09/2019 9:13:59 AM
https://www.otcmarkets.com/stock/ANDI/news/An...?id=224241
Andiamo Corporation and AC Partners Execute Joint Venture
LANSING, MI, April 9, 2019 – Andiamo Corporation (OTC PINK: ANDI), a Wyoming holding company with multiple subsidiaries, announces it has signed a Joint Venture Agreement (“JV”) with AC Partners, Inc.(“ACPS”). The JV will allow Andiamo to diversify its business holdings and add immediate revenues to its financials. Its unique structure and the skill sets brought to it by both companies, will position the JV for rapid growth via acquisition in the Residential HVAC market.
Highlights of the Joint Venture:
- The JV will be formed as a Wyoming For Profit company
- The JV will be shared as 80% for ANDI and 20% for ACPS
- ACPS, using its expertise in the industry, will be the Joint Venture Manager
- The JV will operate out of a facility in Florida chosen by ACPS
AC Partners, Inc., headquartered in West Palm Beach, engages in the design, sale, maintenance and installation of central air conditioning systems for commercial and residential customers. ACPS is an authorized dealership for Rheem, American Standard, Goodman and Amana air conditioning systems. ACPS's primary focus is to grow through strategic acquisitions and maximize their customers and partnerships.
"With the launching of the Joint Venture with AC Partners, Andiamo will enjoy immediate revenues and exciting growth potential," stated William White, CEO of Andiamo Corporation. “Through the JV we are working together to quickly expand these revenues and are pursuing talks with targeted acquisition companies.”
Andiamo Corporation and AC Partners Execute Joint Venture
LANSING, MI, April 9, 2019 – Andiamo Corporation (OTC PINK: ANDI), a Wyoming holding company with multiple subsidiaries, announces it has signed a Joint Venture Agreement (“JV”) with AC Partners, Inc.(“ACPS”). The JV will allow Andiamo to diversify its business holdings and add immediate revenues to its financials. Its unique structure and the skill sets brought to it by both companies, will position the JV for rapid growth via acquisition in the Residential HVAC market.
Highlights of the Joint Venture:
- The JV will be formed as a Wyoming For Profit company
- The JV will be shared as 80% for ANDI and 20% for ACPS
- ACPS, using its expertise in the industry, will be the Joint Venture Manager
- The JV will operate out of a facility in Florida chosen by ACPS
AC Partners, Inc., headquartered in West Palm Beach, engages in the design, sale, maintenance and installation of central air conditioning systems for commercial and residential customers. ACPS is an authorized dealership for Rheem, American Standard, Goodman and Amana air conditioning systems. ACPS's primary focus is to grow through strategic acquisitions and maximize their customers and partnerships.
"With the launching of the Joint Venture with AC Partners, Andiamo will enjoy immediate revenues and exciting growth potential," stated William White, CEO of Andiamo Corporation. “Through the JV we are working together to quickly expand these revenues and are pursuing talks with targeted acquisition companies.”
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