Brief: Fluidra To Invest In 27% Of Robotic Cleaner Aiper And Form Strategic Alliance

Fluidra SA

01/04/2025 07:12

April 1 (Reuters) - Fluidra SA FLUI.MC:

TO INVEST IN 27% OF ROBOTIC CLEANER PLAYER AIPER AND FORM STRATEGIC ALLIANCE

WILL ACQUIRE A 27% INTEREST IN AIPER THROUGH $100 MILLION CAPITAL RAISE

IN SECOND PHASE, PLANS TO INCREASE ITS INTEREST IN AIPER TO MAJORITY STAKE VIA SUBSEQUENT INVESTMENT IN CASH OR IN KIND

PHASE II INVESTMENT PLANNED WHEN AIPER REACHES REVENUES OF OVER $370 MILLION AND EBITDA MARGINS AROUND 15%

TRANSACTION EXPECTED TO BE COMPLETED IN H2 2025

Source text: ID:nCNMttvmPF

Further company coverage: FLUI.MC

 (Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))