Deal facts
- Buyer
- Omnitek Corp.
- Target
- Omnitek Engineering Corp.
- Deal value
- Not disclosed
- Announced
- 2 October 2026
- Status
- Completed
- Sector
- Industrials
- Country
- United States
- Consideration
- cash
Sources
Omnitek Corp. has agreed to acquire certain assets from Omnitik Engineering Corp. in a completed transaction. The deal, which falls within the Industrials sector, was structured as an asset sale rather than a full equity purchase. Both the buyer and the target are based in the United States. The consideration for the transaction was paid entirely in cash. The specific financial value of the deal was not disclosed to the public, so no monetary figure is available for this acquisition. This transaction represents a direct transfer of specific business assets from the engineering firm to the acquiring corporation.
The transaction was announced on 2 October 2026 and was completed on the same day, indicating a swift execution process. There is no indication of a prolonged negotiation period or regulatory delays between the announcement and the closing of the deal. The status of the transaction is recorded as completed, meaning the transfer of assets and payment of cash consideration have been finalized. No further regulatory approvals or pending conditions are noted in the available records for this specific industrial asset sale.
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1 update- CompletedClosed
Omnitek Corp. completes acquisition of Omnitek Engineering Corp.
Item 1.01 Entry into a Material Definitive Agreement. On October 2, 2026, Omniteck Engineering Corp. (the “ Company ”) entered into an Asset Purchase Agreement with Omnitek Corp. (“ Buyer ”), and Werner Funk as Buyer Executive, pursuant to which the Company sold to Buyer substantially all of the assets of the Company related to the business operations of Company as they relate to the development a
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Buyer history
Omnitek Corp.
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