Lelantos Holdings (OTC: LNTO) has announced the completion of the acquisition of 50% of Eco Management Systems, a Scottdale, Arizona-headquartered full-service commercial and residential solar contractor (“EPC”) that is licensed in Arizona, California, Illinois, and Texas. The announcement noted that the addition of Eco Management to the company will allow Lelantos to greatly expand its operations, including the introduction of a residential solar program. It will also enable the company to directly install its projects in the states where Eco is licensed. The announcement further stated that Lelantos has structured plans to fully acquire Eco after successfully completing mutually agreed-upon milestones. “Finalizing this acquisition culminates a process we have been working on for more than 12 months. The synergy and alignment between Lelantos and Eco is outstanding and we are excited to expand our operational footprint and realize the goal of vertical integration within the renewable energy space through the acquisition,” said Nathan Puente, CEO of Lelantos Holdings.
To view the full press release, visit https://ibn.fm/nZmUB
About Lelantos Holdings
Founded in the spirit of “Solution Hunting,” Lelantos Holdings’ innovative business structure is purpose-built to acquire or joint-venture with established entities in strategic market sectors. With a focus on sustainable energy, Lelantos Holdings has a mission of being at the forefront of innovation in a dynamic industry, and the goal of operating as a vertically integrated entity to reduce overhead and increase service offerings. Although Lelantos is a new entity, the company’s overall vision has been collectively developed by a seasoned management team over the past decade to culminate its current operations, foster innovation, and advance technological developments. For more information, visit the company’s website at LelantosHoldings.io.
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