Saranac-based NXGen Holdings Inc. (OTC Pink Sheets: NXGH) announced Thursday that it has launched an aggressive merger and acquisition campaign in order to expand its presence mainly in the multi-billion dollar "green" industry.
In addition to building its wholly owned subsidiary, Green Bridge Industries, NXGen Holdings is in the process of evaluating acquisition candidates that have a unique technology or product that can quickly add value to the Company's business model and corporate philosophy.
NXGen Holdings' business strategy will focus on adding mainly environmentally friendly technologies and products that are in need of a strong corporate foundation and are looking to make the transformation from the R&D stage to generating revenues.
"I feel that in this market, it is important that we focus on acquiring mainly environmentally friendly products, media related assets, and technologies that will add value to our shareholders as well as our bottom line," said NXGen CEO William White.
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