UPIN Acquires The Import Export Group, Inc.

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Apr 07, 2022

GREAT NECK, NY / ACCESSWIRE / April 7, 2022 / Universal Power Industry Corporation (OTC:UPIN) ("Universal Power" or the "Company"), a diversified holding company with an emphasis on the manufacturing and the importation of denim clothing and other apparel items for the private label and retail sectors as well as the company's own Indigo Brands label, today announced that it has acquired The Import Export Group, Inc. a Global Supply Chain Logistics Company based in Los Angeles, CA. The acquisition was made with a combination of cash and stock for approximately $2.1 million dollars.