Safe & Green to Acquire Giant Containers Inc.

Safe & Green announces the signing of a non-binding Letter of Intent to acquire Giant Containers Inc., a recognized leader in modular, container-based infrastructure solutions. Under the terms of the LOI, Safe & Green will acquire 100% of the issued and outstanding shares of Giant Containers. The transaction also includes the appointment of Giant’s CEO, Daniel Kroft, as Vice President of Business Development at Safe & Green. Giant currently has more than $6.8 million in active projects under contract. As part of the transaction, Safe & Green will assume these projects and client relationships, and will serve as the primary manufacturing arm for these and future projects post-closing.