Boston, Massachusetts--(Newsfile Corp. - June 8, 2020) - Human Unitec International (OTC PINK: HMNU) ("HMNU" or "The Company") is pleased to announce that after 12 months of co-management with the sales partners and its corresponding group, it has finalized the acquisition of one of the fastest growing logistics company in Southern Europe, Arquata Logistics Services S.R.L. HMNU has acquired 60% of Arquata Logistics and all of its assets, for cash and exchange of assets. The Company previously had issued stock in 2017 which was allocated to the principals of Arquata Logistics.
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Arquata has been on an upward trajectory for logistics services under the guidance of a team of proven professionals, whom have over thirty years of experience in the shipping and logistics sector. Arquata has specialized in the assessment and impact of the supply chain and its importance to customers. Thanks to several key partnerships, Arquata has a logistics area based in Castelnuovo Scrivia, where it organizes and manages between 100,000 to 160,000 sq ft of warehouses with an additional 100,000 sq ft dedicated to industrial packaging. (https://www.arquatalogisticservices.com)
"We are extremely excited about the acquisition for Arquata Logistics. I would like to confirm that this is a non-dilutive acquisition that will be completed for existing restricted stock," stated Fabrizio Bosticco, President of Human Unitec International. "It has been one of the fastest growing logistics companies in the Mediterranean and accomplished 1.87 Million Euros (approx. $2.12 million USD) in official income for 2019. We believe with the strategic relationships and upcoming joint ventures Arquata has, this will add several more millions in income over the next several years."
Mr. Bosticco, continued "this acquisition continues to build our portfolio in industries that will continue to grow in the future. As we continue to diversify, we will begin benefitting other areas of our business. For instance, we can use the 65,000 additional warehouse space in Capriata D'Orba to centralize the MSK Medical division and its inventory that will reduce overhead and operational costs, and further increase quality, service, while maximizing shareholder value and increasing our bottom line."
HUMAN UNITEC INTERNATIONAL, INC. (HMNU) is a project finance, development, and asset management corporation, focused on medical and green energy projects, trading on Nasdaq OTC since 2009.HMNU owns and controls 100% of the assets and intellectual property acquired from MSK KINESIS CORP. (medical and wellness devices, exclusive commercial licence for Life science natural wellness products). 100% ENERGY SELCO SRL (Owner of large Romanian wind energy real estate assets with licenses and permits to build and operate up to 73 GW of wind energy).100% GRONE Technology (Intellectual Rights to waste management technologies). ECOSMART Tecnology (revolutionary device for carbon emission reduction. The device is able to reclassify Euro1 and Euro 2 vehicles into Euro 4 and Euro 5 class vehicles and reduce consumption of gas and diesel). Land in Tocco di Casauria (PS) with rural real estate, classified to optain permits and licenses to build 3GW of wind energy. Since 2017 HMNU has been supporting the MSK Kinesis Foundation operating with ESANGO, at the UN in New York for the Health human rights of abused women. The foundation counts two missions in Congo and Liberia where almost 950 people have been assisted with MSK Kinesis medical equipment.
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