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FAQ: Safe & Green Holdings' Acquisition of Giant Containers
TL;DR
Safe & Green Holdings gains a competitive edge by acquiring Giant Containers, securing major clients like Tesla and Amazon and over $27 million in projects.
Safe & Green Holdings completed the acquisition of Giant Containers using cash and stock to expand design, engineering, sales, and project execution capabilities.
This acquisition supports greener construction and faster project execution, contributing to more sustainable infrastructure solutions for residential, commercial, and institutional markets.
Safe & Green Holdings now serves Yale University and Nike with custom modular shipping containers, blending industrial manufacturing with innovative design solutions.
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The announcement covers Safe & Green Holdings Corp.'s successful completion of its acquisition of Giant Containers Inc., a manufacturer of custom modular shipping container solutions.
This acquisition strengthens Safe & Green's strategy to become a value-added infrastructure solutions provider by expanding its design, engineering, sales, and project execution capabilities, while gaining an established customer base and significant project pipeline.
The transaction was completed using a combination of cash and stock.
Giant Containers' customer base includes Tesla, Amazon, General Motors, Nike, and Yale University.
Giant Containers brings more than $5 million in contracted projects and an additional $22.5 million pipeline to Safe & Green.
Giant Containers benefits from Safe & Green's scalable domestic manufacturing platform and integrated supply chain capabilities.
Safe & Green Holdings Corp. is a leading modular solutions company that develops, designs, and fabricates modular structures to provide safe and green solutions across various industries.
The full press release is available at https://ibn.fm/5I1aL.
The latest news and updates relating to SGBX are available in the company's newsroom at https://ibn.fm/SGBX.
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Curated from InvestorBrandNetwork (IBN)
