UNIVERSAL POWER GROUP ENTERS INTO AGREEMENT TO PURCHASE ASSETS OF MONARCH HUNTING PRODUCTSUniversal Power Group Inc. • September 25th, 2008 • Wholesale-electrical apparatus & equipment, wiring supplies
Carrollton, Texas – (BUSINESS WIRE) – September 25, 2008 – Universal Power Group, Inc. (AMEX: UPG), a leading provider of third-party logistics and supply chain management services, and a global distributor of batteries, security products and related portable power products, announced today that it has entered into an agreement for the purchase of all of the tangible and intangible assets used in connection with the business known as Monarch Hunting Products (“Monarch”). The Monarch product line includes hunting and hunting-related products sold under the names “Monarch”, “Monarch Hunting Products” and derivatives thereof.
ASSET PURCHASE AGREEMENTAsset Purchase Agreement • September 25th, 2008 • Universal Power Group Inc. • Wholesale-electrical apparatus & equipment, wiring supplies • Texas
This ASSET PURCHASE AGREEMENT, dated as of September 1, 2008 (the “Agreement”), among Universal Power Group, Inc., a Texas corporation, having its principal place of business at 1720 Hayden Road, Carrollton, Texas 75006 (“UPG” or the “Buyer”), as purchaser, and Shanah, Inc. (“Shanah”) and Long Knight, Inc. (formerly known as Silver Spur, Inc.), each a Texas corporation having its principal place of business at 6112 W. Pioneer Parkway, Arlington, Texas 76013 (the “Sellers”), as sellers, and James R. Nachlinger, also known as Dick Nachlinger, an individual residing at 2900 Mistletoe Ct., Arlington, Texas 76013 (“Nach-linger”).
