Perpetual Industries Inc. (PRPI) Acquisition Activity Strengthens Position in Billion-Dollar Classic Car Sector — AutoGrafic Acquisition Brings Much-Needed New Technology and Innovation to Collector Car Enthusiasts and the Industry at Large
Bloomberg article reports that sales of classic cars have remained “positively stable” during global pandemic Two key acquisitions help firmly establish PRPI’s position in multibillion-dollar classic car market CEO notes that PRPI’s acquisition of Worldwide Auctioneers will lead to company’s greater growth While COVID-19 may have dampened the new-car market, a recent Bloomberg article noted that the global pandemic had little impact on the sales of classic cars (https://ccw.fm/uFlBx). That’s good news for Perpetual Industries (OTC: PRPI), which earlier this year announced two key acquisitions — the Worldwide Group LLC, operating as Worldwide Auctioneers, and AutoGrafic Software System — both…