SPAR Group Signs Joint Venture in Turkey

Matthew Kennedy , Benzinga Staff Writer

August 23, 2011 8:34am Comments

SPAR Group, Inc. (NASDAQ: SGRP), today announced the signing of a joint venture agreement to expand its operations into Turkey. The new venture, SPAR NDS, in which SPAR will hold a 51% ownership interest, expects to generate $4 million in annualized profitable revenue over the next twelve months.

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SPAR Group Signs Joint Venture in Turkey

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