Lyamec Keen on Mergers and Acquisitions in The United States, U.K. and Libya

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LOS ANGELES, Calif. - September 6 (SEND2PRESS NEWSWIRE) -- Lyamec Group continues to eye mergers and acquisitions in its core business sector in the United States, its chief executive said Tuesday. "We're investing in our core business, both organically and through acquisitions," Lyamec interim President & CEO R.G. Raymond told investors on a conference call.

All of Lyamec's partnerships and acquisitions have been focused in the United States, and he expects that pattern to continue.

R.G. Raymond said that multi-platform acquisition plans are in their final stages. Recent examples of bolt-on purchases throughout the world to build up its onshore operations include American Health Corp, Grifco International (OTC PK GFCI /, Grandiose Properties, and Front Line Entertainment as well as other targeted investment buys. Raymond declined to comment on which specific acquisitions it is evaluating.

The Lyamec Corporation, a franchise, merchandising and distribution services company, is a subsidiary of The Lyamec Group. The Lyamec Group was established in 1999 to provide vital assistance by laying down unique and fully integrated platforms with cross-border assets and skills to further streamline efficient and effective commercial opportunities and solutions worldwide.

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