Salt Lake City, Utah–(Newsfile Corp. – May 13, 2022) – Gaensel Energy Group, Inc., (OTC Pink: GEGR) (“Gaensel” or the “Company”), a diversified holding company, announces a corporate update.
Gaensel Energy Group announces its Montenapoleone 1838 s.r.l. has signed agreements for the strategic acquisition of Seventy Percent (70%), of the controlling interested of Tiburon Cafe’ Holding s.r.l., http://tribudelcaffe.it/. A critical component in the acquisition of Tiburon Cafe’ Holding s.r.l. Gaensel/ Montenapoleone 1838 was the award of the exclusive agreement with Epos Café s.r.l. a premier coffee roasting company in Italy. https://www.eposcaffe.it/.
Additionally, Montenapoleone 1838 is completing this week the acquisition of the operations of five (5) additional retail coffee outlets in Italy which will be operating under the Gaensel/ Montenapoleone 1838 brand.
As announced, Montenapoleone 1838 is aggressively seeking post covid opportunities for acquisition of establish coffee brands and stores to develop its global coffee retail and commodity operations for Gaensel Energy Group, Inc. and its shareholder.
About Gaensel Energy Group, Inc. (OTC Pink: GEGR):
Gaensel Energy Group asset base currently consists of proven companies in Biotech, Commodities, Health, Beauty – Fashion, Green and Renewable Energy, and Technology. The management teams for each of these divisions are actively seeking similar partners in each space for expansion and additional acquisitions. We have been listed on the United States OTC Markets since 2002 and the Company is current.
This document contains certain forward-looking statements with respect to the financial condition, results of operations and business of Gaensel Energy Group, Inc., (GEGR), and certain of the plans and objectives of GEGR with respect to these items. Examples of forward-looking statements include statements made about our strategy, estimates of sales growth, future EBITA and future developments in our organic business. Forward-looking statements can be identified generally as those containing words such as “anticipates”, “assumes”, “believes”, “estimates”, “expects”, “should”, “will”, “will likely result”, “forecast”, “outlook”, “projects”, “may” or similar expressions. By their nature, forward-looking statements involve risk and uncertainty because they relate to future events and circumstances and there are many factors that could cause actual results and developments to differ materially from those expressed or implied by these forward-looking statements.
These factors include, but are not limited to, domestic and global economic and business conditions, the successful implementation of our strategy and our ability to realize the benefits of this strategy, our ability to develop and market new products, changes in legislation, legal claims, changes in exchange and interest rates, changes in tax rates, pension costs and actuarial assumptions, raw materials and employee costs, our ability to identify and complete successful acquisitions and to integrate those acquisitions into our business, our ability to successfully exit certain businesses or restructure our operations, the rate of technological changes, political, economic and other developments in countries where GEGR operates, industry consolidation and competition. As a result, GEGR actual future results may differ materially from the plans, goals and expectations set forth in such forward-looking statements.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/123941
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