Auto Service World
News   November 8, 2006   by Auto Service World

Atlantis Holding Corp. Acquires Eagle Automotive


Atlantis Holding Corp is pleased to announce that it has completed the acquisition of Eagle Automotive Group.
A Letter of Intent was signed between the companies several months ago and the final terms of this acquisition were negotiated recently.
This acquisition will be accomplished through an exchange of shares of stock in Atlantis Holding Corp.
Eagle Automotive Group is an Oceanside, California based company formed in early-2006 that offers high-quality automotive aftermarket product lines to the automotive enthusiast and consumer.
Eagle will utilize the services of American Sales & Marketing, another recently acquired subsidiary of Atlantis Holding Corp, to promote these automotive products to the major automotive supply stores and warehouses, such as Sears, Auto Zone, CSK Auto, CarQuest, Parts Plus, Costco and Wal-Mart, etc. Eagle also plans to sell these products direct to the consumer through an internet website business portal that will be developed in the near future, as well as through a “kiosk-based” point of purchase system.
Regarding this acquisition, Sydney Bowers, President of Eagle Automotive Group said “The acquisition of Eagle Automotive Group by Atlantis Holding Corp will give us access to the resources we need to develop a successful group of automotive aftermarket product lines,” and according to Robert J. Thompson, President and CEO of Atlantis Holding Corp, “Eagle Automotive will be an important part of our new Automotive Division as we grow in the future.”


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