Business
Inventronics Explores Strategic Transaction Option
Inventronics Explores Strategic Transaction Option.
About this update from Inventronics Limited
[{"type":"text","content":"\n\n\n\n\n Financial Turnaround Creates Opportunity \n\nCALGARY, April 3 /CNW/ - Inventronics Limited (IVT:TSX), a designer and\nmanufacturer of custom enclosures for the communications, electronics and\nother industries in North America, today announced that KPMG Corporate Finance\nInc., Calgary, Alberta, has today been engaged to explore the possibility of\nentering into a strategic transaction to enhance shareholder value.\nMG will assist the board in identifying options and in seeking parties\ninterested in entering into a transaction with Inventronics that would provide\nthe company with long-term strategic support.\n\"The future of the Company is now much brighter than it has been for four\nyears, so this is an appropriate time to explore strategic alternatives and\npossibly align the business with a party suited to the current circumstances.\"\nsaid Dan Stearne, President and CEO.\"\n\nAbout Inventronics\n\nInventronics Limited designs and manufactures custom enclosures and other\nproducts for an array of customers in the telecommunications, electronics,\nelectric utilities and computer services industries in North America. The\nCorporation owns an ISO 9001-2000 registered production facility in Brandon,\nManitoba and has head offices in Calgary, Alberta.\nShares of Inventronics trade on the TSX Venture Exchange under the symbol\n\"IVT.\" For more information about the Corporation, its products and its\nservices, go to www.inventronics.com.\n\n\n","length":1526,"tagName":"div"}]