E Automotive Inc. ("EINC" or the "Company"), a leader in automotive wholesale solutions, announces the divestment of certain non-core US assets.
The Company will focus on licensing technology and Canadian growth. The divestment includes the sale of physical auctions in New Orleans and Houston to America's Auto Auction Group ("Purchasers") for approximately $11M.
Contact: 877-269-7890 from 8 AM - 10 PM ET
Company to Focus on Licensing Technology and Canadian Growth
Author's summary: EINC divests US auction sites.