VANCOUVER – Business advisory firm Greenscape Capital Group Inc. (TSXV:GRN) says it intends to buy a 40 per cent interest in CapTherm Systems Inc. for $ 1.9 million.
CapTherm makes cooling hardware for devices such as servers, computers, electric vehicles, LED lighting, the military and MRI machines to help reduce energy costs.
CapTherm has distribution agreements with conditional purchase orders in place in 12 countries.
Greenscape, which provides eco-consulting services, will have the option to increase its stake to 46 per cent, two years after its initial acquisition.
Local news from metronews.ca/vancouver
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