RDX Technologies Corporation completed the acquisition of M2 Renewables, Inc. from SAIL Capital Partners LLC and others.
RDX Technologies Corporation (TSXV:RDX) completed the acquisition of M2 Renewables, Inc. from SAIL Capital Partners LLC and others in October, 2014. RDX brought all of the M2R manufacturing in house and has also integrated the M2R technology into the technology suite for waste water treatment by RDX. The acquisition includes all of the issued and patents pending for the related machinery and technology. In connection with the agreement, RDX agreed to list the Company or an affiliate in the United States. The existing M2R management contract was terminated upon the closing of the acquisition of M2R.