$GEGR Gaensel Energy Group, Inc., GEGR, Completes
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Posted On: 09/08/2021 9:47:56 AM
$GEGR Gaensel Energy Group, Inc., GEGR, Completes Agreement to Acquire Forty (40%) of ESARC SRL
https://www.newsfilecorp.com/release/95852
Salt Lake City, Utah--(Newsfile Corp. - September 8, 2021) - Gaensel Energy Group, Inc., (OTC Pink: GEGR) ("Gaensel" or the "Company"
, a diversified holding company with assets in Biotech, Cryptocurrency, Software/Gaming and VR, Health, Beauty and Fashion, Technology, CRM & Data, Commodities, Retail Coffee, as well as General Contracting and Patented Building supplies, is pleased to announce its has reached a final agreement to acquire forty percent of the shareholding of ESARC SRL, an international Hi-Tech innovative audio systems company in Milan Italy.
ESARC SRL
Esarc Hi-Tech Srl, established more than 30 years ago, and since 2002 has been dedicated to the development of innovative audio systems and invisible loudspeakers that use magnetostrictive technology. In the shareholding structure there are entrepreneurs with decades of experience and proven successes in leading hi-tech companies. Esarc also deals with the active control of vibrations and noises and by virtue of this area of activity it participates in the international project BESST financed by the European Union and in INDUSTRIA 2015, founded by the Italian Ministry of Economic Development. Since 2010 Esarc has developed the Figaro and Ottone products, of which it holds rights, deposits and patents. The production of Figaro™ and Ottone™ is guaranteed 100% made in Italy, as well as their assembly, planning and design. This vocation for quality and Italian style is one of the distinctive elements of Esarc Hi-Tech, as well as among the most appreciated, compared to products of competing companies, even on a global scale.
There are now numerous installations of Figaro™ and Ottone™ in Italy and in the world and the reliability of the products is guaranteed. There are numerous high-profile international references, http://www.esarc.com/a-46_REFERENZE, and the Company has retail distributors in 20 countries.
ESARC has created over 6 patents and holds several ready to be registered at the appropriate time.
Our President, Maria Bomboi, states "We are pleased to complete this acquisition of ESARC and its founders and management team. ESARC provides our technology division another seasoned partner with outstanding relationships in the Hotel, Retail, Museums and other important sectors. Also, ESARC annual revenues for 2021 will be over six million ($6,000,000) USD and a substantial contribution to our overall revenue stream. ESARC is one of a number of active acquisitions we have been developing and will continue to develop for our shareholders."
Additionally, the Company is pleased to announce its 20 Million USD Private Placement Memorandum which is a preferred stock series with an 11% interest payment has been released utilizing a web portal for investors and subscriptions, https://ppm.gegrgroup.com/.
https://www.newsfilecorp.com/release/95852
Salt Lake City, Utah--(Newsfile Corp. - September 8, 2021) - Gaensel Energy Group, Inc., (OTC Pink: GEGR) ("Gaensel" or the "Company"
, a diversified holding company with assets in Biotech, Cryptocurrency, Software/Gaming and VR, Health, Beauty and Fashion, Technology, CRM & Data, Commodities, Retail Coffee, as well as General Contracting and Patented Building supplies, is pleased to announce its has reached a final agreement to acquire forty percent of the shareholding of ESARC SRL, an international Hi-Tech innovative audio systems company in Milan Italy. ESARC SRL
Esarc Hi-Tech Srl, established more than 30 years ago, and since 2002 has been dedicated to the development of innovative audio systems and invisible loudspeakers that use magnetostrictive technology. In the shareholding structure there are entrepreneurs with decades of experience and proven successes in leading hi-tech companies. Esarc also deals with the active control of vibrations and noises and by virtue of this area of activity it participates in the international project BESST financed by the European Union and in INDUSTRIA 2015, founded by the Italian Ministry of Economic Development. Since 2010 Esarc has developed the Figaro and Ottone products, of which it holds rights, deposits and patents. The production of Figaro™ and Ottone™ is guaranteed 100% made in Italy, as well as their assembly, planning and design. This vocation for quality and Italian style is one of the distinctive elements of Esarc Hi-Tech, as well as among the most appreciated, compared to products of competing companies, even on a global scale.
There are now numerous installations of Figaro™ and Ottone™ in Italy and in the world and the reliability of the products is guaranteed. There are numerous high-profile international references, http://www.esarc.com/a-46_REFERENZE, and the Company has retail distributors in 20 countries.
ESARC has created over 6 patents and holds several ready to be registered at the appropriate time.
Our President, Maria Bomboi, states "We are pleased to complete this acquisition of ESARC and its founders and management team. ESARC provides our technology division another seasoned partner with outstanding relationships in the Hotel, Retail, Museums and other important sectors. Also, ESARC annual revenues for 2021 will be over six million ($6,000,000) USD and a substantial contribution to our overall revenue stream. ESARC is one of a number of active acquisitions we have been developing and will continue to develop for our shareholders."
Additionally, the Company is pleased to announce its 20 Million USD Private Placement Memorandum which is a preferred stock series with an 11% interest payment has been released utilizing a web portal for investors and subscriptions, https://ppm.gegrgroup.com/.
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