ACQUISITION AGREEMENTAcquisition Agreement • July 28th, 2011 • GBS Enterprises Inc • Wholesale-furniture & home furnishings
This ACQUISITION AGREEMENT is entered into and made effective as of the 15th day of July, 2011 (the “Closing Date”) by and between GBS Enterprises, Inc., a Nevada corporation ("GBS" or “Buyer”); IDC Global, Inc., a Delaware corporation ("IDC”); and the shareholders of IDC Global, Inc. (“SHR”), as listed in Exhibit A, owning 100% of the issued and outstanding shares of IDC (combined as the “Seller” and represented by William M. Lyerly, the SHR representative), and the Management Shareholders as marked in Exhibit A and represented by Jan C. Daiker, the Management Shareholder Representative.
