Universal Power Industry Corporation (OTCPK:UPIN) acquired The Import Export Group, Inc. for $2.1 million on April 7, 2022. The acquisition was made with a combination of cash and stock for approximately $2.1 million. The company will operate as a stand-alone wholly owned subsidiary.

Universal Power Industry Corporation (OTCPK:UPIN) completed the acquisition of The Import Export Group, Inc. on April 7, 2022.