M&A
confidence high
sentiment neutral
materiality 0.60
Safe & Green Holdings acquires County Line Industrial for $1M in assets
OLENOX INDUSTRIES INC.
- Purchase price $1,000,000 paid in cash: $125k at closing, $100k May 15, $250k July 15, $525k Jan 31, 2026; no interest.
- Assets include tangible personal property valued ~$233k, goodwill ~$767k, plus inventory, contracts, and permits.
- Hiring Carter Fields as General Manager and 7 key employees; 2-year non-compete within 250 miles of Durant, OK.
- Seller pays ~$92k vehicle obligations; Buyer pays $76k outstanding payable by May 1, 2025.
- Closing expected April 15, 2025; Buyer assumes no seller liabilities.