SDI announced the acquisition of Graticules, a manufacturer and supplier of standard and bespoke reticles and graticules for the microscopy, metrology, education, scientific and defence markets. The company paid c.£3.4m, which represents historic FY 2018 EV/Sales and EV/EBIT multiples of 1.8x and 5.1x, respectively. The acquisition was funded by the full drawdown of its £5m revolving credit facility as well as the placing of 7.276m shares at 34p, raising £2.5m. There may be
12 Feb 2019
Scientific Digital Imaging - Acquisition and placing
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Scientific Digital Imaging - Acquisition and placing
SDI Group plc (SDI:LON) | 55.5 -0.2 (-0.7%) | Mkt Cap: 58.0m
- Published:
12 Feb 2019 -
Author:
Mark Brewer -
Pages:
16
SDI announced the acquisition of Graticules, a manufacturer and supplier of standard and bespoke reticles and graticules for the microscopy, metrology, education, scientific and defence markets. The company paid c.£3.4m, which represents historic FY 2018 EV/Sales and EV/EBIT multiples of 1.8x and 5.1x, respectively. The acquisition was funded by the full drawdown of its £5m revolving credit facility as well as the placing of 7.276m shares at 34p, raising £2.5m. There may be