11:21 AM EDT, 06/03/2025 (MT Newswires) -- Safe and Green Development ( SGD ) said Tuesday it closed its acquisition of Resource Group US, which focuses on transforming organic green waste materials into engineered soil and mulch products.

The company said that through the transaction, it acquired a permitted composting facility, two green waste aggregation sites and a transportation fleet.

Financial terms of the deal were not disclosed.

The company's shares were down 17.5% in recent trading.

Price: 0.99, Change: -0.21, Percent Change: -17.50