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Omni-Lite Industries Canada Inc V.OML

Alternate Symbol(s):  OLNCF

Omni-Lite Industries Canada Inc. develops and manufactures mission-critical, precision components utilized by Fortune 100 companies in the aerospace, defense, industrial and energy industries. The Company has three business segments: forged, electronic and investment casting components. Its forged products business is conducted in Cerritos, California. Its electronics business is conducted in Nashua, New Hampshire, a value-added contract manufacturer of electronic components for electronic sensors serving the defense, aerospace, medical, and secure communications markets. Its investment castings business is conducted in Brampton, Ontario, where it manufactures ferrous, non-ferrous, and light-alloy investment castings of highly engineered, high-performance hardware and structural components for aerospace, defense, nuclear, and industrial applications. It has developed patented technologies for transferring products through multi-die machines with segmented tooling.


TSXV:OML - Post by User

Post by metziahhunteron Sep 03, 2015 10:33am
82 Views
Post# 24075035

not sure if buy-out is likely

not sure if buy-out is likely
It sounds to me like they are looking to buy another company. If they are considering selling the company then the pr would refer to maximizing shareholder value  etc. I think they want to grow the business and to take it to the next level pobably means buying a competitor or  another company which will provide new markets for their products and synergy.  If they want to buy another company then company likely to issue shares as well as use their loan facility.     
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