Titan Environmental Solutions Inc. Announces Agreement to Purchase Standard Waste Services, LLC
Troy, MI, Jan. 16, 2024 (GLOBE NEWSWIRE) — Titan Environmental Solutions Inc. (“Titan” or the “Company”) (OTCQB:TESI) announced today that the Company signed a Membership Interest Purchase Agreement (the “Purchase Agreement”) to acquire all of the outstanding membership interests of Standard Waste Services LLC (“Standard”), a waste management company based in Detroit, Michigan that provides commercial and industrial waste and recycling services throughout the greater Detroit metro area. The purchase consideration includes a combination of cash and capital stock of Titan and is subject to certain post-closing adjustments as described in the Purchase Agreement.