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In the first stage of the company's new direction, IANR has acquired North American marketing rights for Wimbledon Unreal Grass PLC, as well as two other related acquisitions.
From this point onwards, the management of IANR is dedicated to work closely with shareholders, and will keep them informed every step of the way.
IANR is also in final negotiations to acquire several other companies, and is in preliminary discussions with several others.
has been in business for 25 years, and it is this company's product that will be sold through IANR as per IANR's acquisition of North American rights through the recently announced acquisition of International Sports Fields Ltd.
With the acquisition of ISF, and with the planned North American manufacturing facility, IANR is excited about the potential sales of the Wimbledon product in the huge North American market.
Having regard to IANR's recent acquisition of Wimbledon Unreal Grass Pty Ltd another Australian synthetic grass manufacturing company, IANR intends to relocate AAL's new synthetic grass manufacturing plant, currently under construction in Australia and China, to a new factory to be established close to the US Canadian border or in southern USA.
The relocation of this plant will enable IANR to provide synthetic grass sport fields throughout North America, the Caribbean and parts of South America without the substantial freight costs and import duties involved in shipping the grass from Australia and China.
This acquisition will provide IANR
with the base and expertise from which it can pursue its objective of establishing a major fully integrated international synthetic grass business.