Safe & Green Holdings (NASDAQ: SGBX) announced it has successfully closed the acquisition of Giant Containers Inc., a recognized manufacturer of custom modular shipping container solutions serving residential, commercial, industrial, and institutional markets. The transaction, completed using a combination of cash and stock, strengthens Safe & Green’s strategy to evolve into a value-added infrastructure solutions provider by expanding its design, engineering, sales, and project execution capabilities. Giant Containers brings an established customer base that includes Tesla, Amazon, General Motors, Nike, and Yale University, along with more than $5 million in contracted projects and an additional $22.5 million pipeline, while benefiting from Safe & Green’s scalable domestic manufacturing platform and integrated supply chain capabilities.
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About Safe & Green Holdings Corp.
Safe & Green Holdings Corp., a leading modular solutions company, operates under core capabilities which include the development, design, and fabrication of modular structures, meeting the demand for safe and green solutions across various industries. The firm supports third-party and in-house developers, architects, builders, and owners in achieving faster execution, greener construction, and buildings of higher value.
NOTE TO INVESTORS: The latest news and updates relating to SGBX are available in the company’s newsroom at https://ibn.fm/SGBX
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