ASSET PURCHASE AGREEMENTAsset Purchase Agreement • January 8th, 2024 • CRAWFORD UNITED Corp • Industrial instruments for measurement, display, and control • Ohio
THIS ASSET PURCHASE AGREEMENT (“Agreement”), dated January 3, 2024 (the “Closing Date”), is entered into by and among (i) Heany Industries, LLC, a Delaware limited liability company (“Buyer”), (ii) Heany Industries, Inc., a New York corporation (“Seller”), (iii) S. Scott Zolnier, the sole shareholder of Seller (“Shareholder,” and together with Seller, the “Seller Parties” and each a “Seller Party”), and (iv) 249 Briarwood Lane LLC, a Delaware limited liability company (“Real Property Buyer”). The parties desire that Seller sell to Buyer, and that Buyer purchase from Seller, substantially all of Seller’s assets, on the terms and subject to the conditions set forth in this Agreement. Shareholder owns all of the issued and outstanding shares of Seller.
