PTA Holdings Inc. Completes Eggspress Acquisition
PHOENIX, May 14, 2013 /PRNewswire/ -- PTA Holdings, Inc. (OTC Pink Sheets: PTAH) announced today that the company has closed on the acquisition of Eggspress Inc. The completion of this transaction further strengthens the company's position in the agriculture transportation market in the Midwest region. The company anticipates that this acquisition should increase revenue by approximately $5,000,000 over the next twelve months.
"We are excited to expand our footprint in this solid segment of the transport market," stated Tim Norton, Vice-President. He further stated, "we are continuing to evaluate additional acquisition opportunities that will enhance the profitability of our Midwest business base."
About PTA Holdings, Inc.
Kingsley Logistics Group, acquired in June of 2012, is a multi-faceted transportation group providing a broad array of traditional transportation and management services. The focus of the combined companies is to expand the company via a strategic transportation industry roll-up.
Notice on Forward-Looking Statements:
This news release includes forward-looking statements regarding PTA Holdings, Inc. and its business. Such statements are based on management's current expectations. The forward-looking events and circumstances discussed in this release may not occur and actual results could differ materially as a result of known and unknown risk factors and uncertainties. Forward-looking statements speak only as of the date on which they are made and PTA Holdings, Inc. undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.
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SOURCE PTA Holdings, Inc.