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Ascent Acquires Majority Stake In Central Minnesota Logistics

PUBLIC · ASTIApr 05, 2022

Acquiring Company

Ascent Solar Technologies

Acquired Company

Ofload

ThorntonOtherManufacturingInformation TechnologyEnergyFinancial ServicesRenewable EnergySolarSoftwareTransportationLogistics

Description

Ascent, a leading global logistics company, announced today that it has acquired a majority stake in Central Minnesota Logistics ("CML"), a full-service brokerage focused on transportation solutions for over-dimensional and heavy-haul freight across North America. CML is now part of the Ascent Specialized business segment, which focuses on the safe, reliable and timely transportation of oversized, heavy haul and super loads of all kinds across North America.

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Company Information

Company

Ascent Solar Technologies

Location

12300 Grant Street

Thornton, Colorado, United States

About

Ascent Solar Technologies, Inc. is a U.S. innovator with 40 years of R&D and 15 years of manufacturing experience, providing innovative, high-performance, flexible thin-film solar panels for use in space missions, multiple airborne vehicles, agrivoltaic installations, industrial/commercial construction, and an extensive range of consumer goods.

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Frequently asked

Who acquired Ofload?

Ofload was acquired by Ascent Solar Technologies, based in Thornton. The deal was reported on April 5, 2022. Ascent Solar Technologies, Inc. is a U.S. Ascent Solar Technologies is publicly traded (ASTI) and operates in Other.

When did Ascent Solar Technologies acquire Ofload?

Ascent Solar Technologies's acquisition of Ofload was reported on April 5, 2022. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Ofload do?

Ofload is Australia’s leading digital road freight service, helping businesses achieve efficient, flexible and sustainable supply chains, with a nation-wide carrier network servicing over 10,000 monthly shipments of all types of road freight. It is privately held, operating in Software.

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