DLT Resolution Inc. announces acquisition of Global Motor Trade Group

DLT Resolution Inc., a notable company specializing in Software as a Service (SAAS), information technology, and communications, based in Las Vegas, officially announced on February 20, 2024, the signing of an agreement to acquire 100% of the entities of Global Motor Trade Group. This agreement includes Global Motor Trade LLC, Global Motor Trade International LLC, SJ Auto Trade LLC, and WEC International LLC.

This strategic move aims to strengthen DLT Resolution Inc.'s presence in the market while consolidating its portfolio of innovative services. These acquisitions are expected to increase the company's Gross Revenue by 50,000,000 USD.

Drew Reid, Executive Chairman of DLT Resolution, highlights the importance of these acquisitions for diversifying and enriching the company's offerings. On the other hand, Charles Brofman from Global Motor Trade expresses enthusiasm about joining DLT Resolution Inc., considering strategies to boost revenue in the twelve months following the operation's closure.

These companies specializing in international vehicle distribution and sales will bring DLT Resolution Inc. a combined annual revenue of 50,858,000 USD. The acquisition, carried out through a share exchange, is expected to conclude with the estimated distribution of 14,000,000 shares of DLTI.

The acquisition of Global Motor Trade Group is part of a series of operations aimed at expanding the market and driving the growth of DLT Resolution Inc. This initiative underscores the company's commitment and vision in the fields of innovation and customer-centered excellence.