SDI is acquiring Fistreem International, a manufacturer and supplier of water purification systems (stills, deionisers) and vacuum ovens for use in the life science and industrial sectors. Considered a bolt-on acquisition, it is complementary to other SDI businesses such as ATC and Sentek, with opportunities for cross-selling as well as organic growth. SDI is paying £756k for the business, representing prospective proforma FY 2019 EV/Sales and EV/EBIT of 1.2x and 4.4x, respectively. The
25 Sep 2018
Scientific Digital Imaging - Acquisition – 7% accretive in first full year
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Scientific Digital Imaging - Acquisition – 7% accretive in first full year
SDI Group plc (SDI:LON) | 62.5 0 0.0% | Mkt Cap: 65.0m
- Published:
25 Sep 2018 -
Author:
Mark Brewer -
Pages:
12
SDI is acquiring Fistreem International, a manufacturer and supplier of water purification systems (stills, deionisers) and vacuum ovens for use in the life science and industrial sectors. Considered a bolt-on acquisition, it is complementary to other SDI businesses such as ATC and Sentek, with opportunities for cross-selling as well as organic growth. SDI is paying £756k for the business, representing prospective proforma FY 2019 EV/Sales and EV/EBIT of 1.2x and 4.4x, respectively. The