Caravelle International Group's CEO Sells Company His Sawmill and Laminate Wood Flooring Factories Valued at $30 Million for $1
- Written by PR Newswire
Acquisition could add $150 million in revenue and $30 million in profit when operating at full-scale
SINGAPORE, April 26, 2023 /PRNewswire/ -- Caravelle International Group (Nasdaq: CACO), a global ocean technology company, today announced that the Company's CEO Dr. Guohua Zhang has sold Penxing Gabon SARL to Caravelle for $1.
Penxing Gabon...