M&A
confidence high
sentiment positive
materiality 0.65
Hiru Corp acquires AZ Custom Bottled Water for 100M restricted shares; facility expansion
HIRU Corp
- Acquired AZ Custom Bottled Water in equity exchange for 100M restricted shares of Hiru common stock.
- AZ Water owns an 11,000 sq ft Phoenix bottling facility (operating since 2007) and is building a second 12,500 sq ft facility.
- Company expects record 2021 revenue based on purchase orders; management forecasts double-digit revenue growth.