- Xcelerate ( OTCQB:XCRT ) to acquire a controlling interest in ESN Group and its' portfolio of health care and skin care products.
- The companies have begun a 60-day period of due diligence and negotiation and preparation of definitive transaction agreements.
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ESN Group currently operates two revenue producing businesses, including: Ceramedx and Earth Science Beauty.
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Xcelerate recently announced the formation of its' Xcelerate Brands division with the mission of identifying marketing/manufacturing partners to assist in the development of over-the-counter healthcare products based on its existing patent portfolio as well as those of strategic partners.
For further details see:
Xcelerate to acquire controlling interest in ESN Group