Solid State has acquired Willow Technologies, a manufacturer and value-added distributor of electromechanical products. The initial consideration payable is c £5.5m cash (net), financed from existing resources. Broker consensus FY22 EPS has been raised by 9% to reflect the earnings enhancement in the first full year.
03 Mar 2021
Solid State - Acquisition of Willow Technologies
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Solid State - Acquisition of Willow Technologies
Solid State plc (SOLI:LON) | 1,355 0 0.0% | Mkt Cap: 153.7m
- Published:
03 Mar 2021 -
Author:
Anne Margaret Crow -
Pages:
2
Solid State has acquired Willow Technologies, a manufacturer and value-added distributor of electromechanical products. The initial consideration payable is c £5.5m cash (net), financed from existing resources. Broker consensus FY22 EPS has been raised by 9% to reflect the earnings enhancement in the first full year.