Inverko N.V. completed the acquisition of Synaplast Gmbh.
August 04, 2014 at 05:00 am
Inverko N.V. (ENXTAM:INVER) signed an agreement to acquire Synaplast Gmbh for 0.35 million on January 28, 2014. Out of total consideration, 0.25 million will be paid in cash, 0.09 million shares will be issued and a future earnout payment will be made in 0.22 million shares based on Synaplast's results for the years 2014 and 2015. Synaplast Gmbh had revenues of 2.3 million and EBITDA of 0.15 million in 2013.
Inverko N.V. (ENXTAM:INVER) completed the acquisition of Synaplast Gmbh on August 4, 2014.