Intermark to Sell Subsidiary to L.A. Group

Intermark has signed a letter of intent to sell its Superior Trans-Med subsidiary to an investor group led by Los Angeles resident Carl E. Hass, the firm said Friday. The terms were not announced.

Superior Trans-Med, located in Santa Fe Springs, supplies paramedical vehicles and related equipment. It reported $4.3 million in 1987 revenue.

Hass, 46, was most recently president of Winchell’s Donut Houses LP.

The sale is expected to close by the end of April, according to Charles R. Scott, president of Intermark.