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PRESS RELEASE

published on 01/22/2024 at 15:09, 1 year 10 months ago

Rainmaker Worldwide Inc. Finalizes the Acquisition of Miranda Water Treatment Systems
Rainmaker Worldwide Inc., a leader in affordable water solutions, has finalized the acquisition of Miranda Water Treatment Systems, marking a significant step towards global expansion. The acquisition is expected to enhance Rainmaker's financial performance and enable the company to increase revenue and achieve positive EBITDA. Through strategic partnerships and synergies, Rainmaker aims to drive sales particularly in the Americas and expand its global commercial footprint. The completion of the Miranda merger, along with a management debt restructuring agreement, further emphasizes Rainmaker's commitment to continued growth and potential. Over the next 180 days, the company is optimistic about the synergies impacting top-line revenue and operational efficiencies. For more information, please visit www.rainmakerww.com.

Acquisition Global Expansion Financial Performance Rainmaker Worldwide Inc. Miranda Water Treatment Systems

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Original-Research: Energiekontor AG (von First Berlin Equity Research GmbH): Buy

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