Kontrol Energy Corp. (CSE: KNR) (OTCQB: KNRLF) (FSE: 1K8) Continues Series of Acquisitions, Enters LOI with Leading Electrical Retrofit Company

March 19, 2019 10:52:36
  • The latest acquisition announcement is in line with Kontrol Energy’s strategic plan to build a diversified portfolio of assets and carry out a sustainable growth strategy throughout 2019
  • Earlier in the year, Kontrol Energy announced its acquisition of Dimax Controls’ patents and intellectual property, adding a new product to its IoT and SaaS portfolio
  • Company plans to maintain an annual growth rate of over 20 percent via strategic acquisitions and organic growth measures

On March 14, 2019, Kontrol Energy Corp. (CSE: KNR) (OTCQB: KNRLF) (FSE: 1K8) announced its entry into a letter of intent (LOI) to acquire a leading electrical retrofit services provider. The acquisition is yet another milestone in a strategic series of moves by Kontrol Energy for the purpose of building assets and realizing a 2019 growth strategy.

The target of the LOI is a company that has been providing the Canadian market with high quality, value-added electrical efficiency services. The yet-unnamed company has been in…

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