Lelantos Holdings’ Airtopia Group Executes Definitive Agreement to Acquire Tulsa Millwork and Commercial Signage Fabricator
Lelantos Holdings (LNTO) subsidiary Airtopia Group acquired Local Cabinet Company, an Oklahoma-based millwork and commercial fabrication business, for $1.9 million. The deal includes cash and LNTO stock, with Clinton Engles, the seller, staying on as Director of Fabrication. The acquisition aims to expand Airtopia's commercial fabrication services and signage division, targeting $2M+ in annual revenue by Year 2.
