M&A
confidence high
sentiment positive
materiality 0.65
Marwynn signs non-binding LOI to acquire 51% of DJ Mex Corp for e-waste supply-chain expansion
Marwynn Holdings, Inc.
- Marwynn (MWYN) announced non-binding LOI to acquire 51% equity stake in DJ Mex Corp, a U.S.-based e-waste sourcing and logistics coordinator.
- The acquisition would expand Marwynn's EcoLoopX platform, an asset-light e-waste reverse supply-chain service without physical processing.
- No financial terms disclosed; deal subject to due diligence, definitive agreements, and customary closing conditions; no guarantee of completion.
- Proposed transaction aims to strengthen sourcing, logistics, and cross-border supply-chain operations between U.S., Latin America, and Asia.