SDI Group has announced the acquisition of Scientific Vacuum Systems Ltd (SVS), a UK manufacturer of physical vapour deposition equipment, for an estimated total consideration of £4.9m (including a £0.9m earnout, payable after 30 September 2022), net of £0.6m cash acquired. The initial cash consideration is £3.17m, with a further £1.4m cash payment due shortly after completion. The acquired business generated £2.5m in revenues and £0.7m EBIT for the year to 30 September 2021, with the earnout ba ....
07 Jan 2022
Acquisition and further Covid contract
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Acquisition and further Covid contract
SDI Group plc (SDI:LON) | 63.0 0 0.0% | Mkt Cap: 65.6m
- Published:
07 Jan 2022 -
Author:
Tessa Starmer -
Pages:
4
SDI Group has announced the acquisition of Scientific Vacuum Systems Ltd (SVS), a UK manufacturer of physical vapour deposition equipment, for an estimated total consideration of £4.9m (including a £0.9m earnout, payable after 30 September 2022), net of £0.6m cash acquired. The initial cash consideration is £3.17m, with a further £1.4m cash payment due shortly after completion. The acquired business generated £2.5m in revenues and £0.7m EBIT for the year to 30 September 2021, with the earnout ba ....