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OTC: ILUS, ILUS International (Ilustrato Pictures International Inc) Announces the Acquisition of Its First US Firefighting Equipment Distributor, Georgia Fire and Rescue Supply, LLC.
OTC: ILUS, ILUS International (Ilustrato Pictures International Inc) Announces the Acquisition of Its First US Firefighting Equipment Distributor, Georgia Fire and Rescue Supply, LLC..
About this update from Ilustrato Pictures International Inc.
[{"type":"text","content":"\n NEW YORK, NY, Feb. 15, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire -- ILUS International Inc (OTC: ILUS) is a Mergers and Acquisitions company focused on acquiring and developing public safety technology-based companies across the globe. The company has completed several acquisitions and has now acquired Georgia Fire and Rescue Supply. This is ILUS’ first distribution acquisition and it is key to the rollout of ILUS technology across North America, whilst adding significant technical expertise and consistent, profitable revenue to the company.  Founded in 2003 and headquartered out of Canton, Georgia, Georgia Fire and Rescue Supply, LLC (Georgia Fire) is a renowned nationwide distributor of firefighting and emergency response equipment.  The company holds several exclusive Georgian distribution contracts for the sales and servicing of some of the world’s largest firefighting equipment brands, such as Holmatro, Innotex and Paratech. It also distributes a wide range of products across North America, including prominent global brands for firefighting and the wider public safety sector. Some of these include but are not limited to; wildland firefighting, technical rescue, hazardous materials, emergency response, law enforcement and even homeland security. The profitable company has zero debt and an annual turnover of $3.5 million.  Of great importance to ILUS is the acquisition’s extensively experienced 7-member sales team, all of whom are retained firefighters with a wealth of technical knowledge and a thorough understanding of how to penetrate the US market. Georgia Fire currently operates from its 6,000 square foot distribution warehouse, from which several vehicles operate for sales and servicing purposes across Georgia, Alabama and North-East Florida. Within the coming months, ILUS plans to move Georgia Fire into a 15,000 square foot distribution facility with a showroom and dedicated vehicle yard. Georgia Fire is a leading distributor of Holmatro hydraulic rescue equipment in the United States. The company has been selling and servicing the global brand for many years. Although Georgia Fire distributes a very broad product range, Holmatro has long been the mainstay of the company’s product portfolio. Holmatro is the world’s leading hydraulic rescue tools brand. It is...