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News Breaks | | | | August 10, 2012 | | 09:09 EDT |  | ATC | ATC Venture Group to acquire K-W Manufacturing
ATC Venture Group has entered into an asset purchase agreement with K-W Manufacturing Company, a South Dakota-based manufacturer of patented snow plows, dozer blades, rock pickers, and other attachments for the skid steer loader market, pursuant to which the Company has agreed to purchase from KW certain of its assets, including equipment, contracts and associated good-will in consideration for an aggregate purchase price of $500,000 and a royalty agreement of 5% of sales of the KW product line for each of the next 5 years. | |
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