RJD Green Inc. Expands Silex Holdings with Strategic Acquisition of JSI Interiors' Assets
TL;DR
Silex Holdings Inc. has acquired the assets of JSI Interiors, giving them a competitive edge in the specialty construction products market.
Silex Holdings Inc. acquired the state-of-the-art fabrication system, contracts, purchase orders, and book of business from JSI Interiors.
Silex Holdings Inc.'s acquisition of JSI Interiors assets will expand their capabilities to offer better products and services to residential and commercial clients.
Silex Holdings Inc. has recently formed JSI Products Corporation, a new division to oversee the acquired assets and operations from JSI Interiors.
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RJD Green Inc. (OTCPK: RJDG) has announced a strategic expansion of its Silex Holdings division by acquiring JSI Interiors' assets, including a state-of-the-art fabrication system, contracts, and a book of business. This acquisition, with combined revenues of $7,813,426 for the 2023 calendar year, significantly strengthens Silex Holdings' position in the specialty construction products market.
To oversee the newly acquired assets, Silex Holdings has established JSI Products Corporation as a division. Ron Brewer, CEO of RJD Green, highlighted the potential for growth, citing the success of Silex Interiors, which grew from $1.4 million to $5.8 million in annual revenue under their management. The acquisition's technological advancements are expected to improve product quality and production capacity, enhancing competitiveness.
The Tulsa Division, now including Silex of Tulsa, is projected to generate $3 million to $4 million in revenue in its first year, with plans to expand into northeast Oklahoma. Silex Holdings aims for a consistent $10 million in profitable revenue, leveraging its niche market strategy between box stores and local contractors.
This move is significant for the construction and home improvement sectors, offering expanded services in installed stone and engineered stone countertops, cabinets, and related products. It reflects RJD Green's commitment to growth and market expansion, promising increased efficiency and profitability through synergies.
As demand for custom interior solutions grows, Silex Holdings is well-positioned to meet market needs, though challenges in asset integration remain. Stakeholders are keenly observing how RJD Green will navigate these challenges and capitalize on its enhanced market position.
Curated from NewMediaWire
