Nevada Manhattan Group Acquires L.A.’s Petrotec
Nevada Manhattan Group, a Calabasas-based mining concern, has completed an agreement that gives it 51% control of American Petroleum Technology Corp. or Petrotec.
Los Angeles-based Petrotec has experience in the design, engineering, construction and management of petroleum refineries, pipelines and storage systems.
Looking to expand its share of the world’s $70-billion fishing industry, the company also announced the acquisition of Russian-based Rexco Inc. Nevada Manhattan will control 80% of that company and is currently in negotiations to acquire another Russian fishing firm.
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