Safe & Green Holdings Corp. Sets Sights on County Line Industrial Acquisition
Deal News | Feb 26, 2025 | Globenewswire
Safe & Green Holdings Corp., a reputable developer and manufacturer of modular structures, has announced a non-binding Letter of Intent to acquire County Line Industrial, LLC. County Line Industrial, based in Bokchito, Oklahoma, is recognized for its expertise in delivering custom-built modular components and precision welding. This acquisition is a pivotal component of Safe & Green's strategic growth plan and aims to merge County Line's operational capabilities with Safe & Green's modular solutions. The companies foresee significant synergies, which will enhance supply chain efficiency, profitability, and market responsiveness. The acquisition includes retaining essential personnel from County Line, ensuring continuity in service and customer relationships. Safe & Green is in the process of due diligence and aims to close the transaction within the first half of 2025. This move is seen as an instrument to strengthen production capacity and operational efficiency, thus driving sustainable growth for investors.
Sectors
- Modular Construction
- Manufacturing
Geography
- United States – The acquisition involves Safe & Green Holdings Corp., located in Miami, Florida, and County Line Industrial, located in Bokchito, Oklahoma.
Industry
- Modular Construction – The article discusses the acquisition of County Line Industrial by Safe & Green Holdings Corp., both key players in the modular construction industry, focusing on developing, designing, and fabricating modular structures.
- Manufacturing – County Line Industrial specializes in industrial fabrication and modular manufacturing, making it relevant to the manufacturing sector.
Financials
- Not Disclosed – The financial terms of the acquisition have not been disclosed as the deal is in the Letter of Intent stage.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Safe & Green Holdings Corp. | Bidding Company | Company | A leading developer, designer, and fabricator of modular structures based in Miami, Florida. |
| County Line Industrial, LLC | Target Company | Company | A respected industrial fabrication and modular manufacturing enterprise based in Bokchito, Oklahoma. |
| Carter Fields | General Manager at County Line Industrial | Person | Essential personnel who, along with others, will continue service post-acquisition. |
| Mike McLaren | CEO of Safe & Green Holdings Corp. | Person | Leading the acquisition strategy for Safe & Green. |