Golden Genesis Company Acquires Two South American Companies

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PR Newswire
Article date:
September 9, 1998
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GOLDEN, Colo., Sept. 9 /PRNewswire/ -- Golden Genesis Company (Nasdaq: GGGO) today announced acquisition of Solartec Sociedad Anonima (Solartec), a value added systems integrator and distributor of solar electric products and manufacturer of custom modules headquartered in Argentina, and Golden Genesis Renovavel Limitada (Golden Genesis do Brazil), a value added systems integrator and distributor of solar electric products headquartered in Rio de Janeiro, Brazil. These companies had combined sales in 1997 exceeding $7 million.
Solartec specializes in power systems for applications within telecommunication and oil and gas markets and the distribution of solar electric ...