Brief: Maxiparts Acquires 80% Of Förch Australia
02/05/2023 01:22
May 2 (Reuters) - Maxiparts Ltd MXI.AX :
* ACQUIRES 80% OF WORKSHOP CONSUMABLES DISTRIBUTOR FÖRCH
AUSTRALIA
* ACQUISITION PRICE OF A$9.7M FOR AN 80% OWNERSHIP STAKE
* ACQUISITION IS ON A DEBT FREE BASIS AND IS TO BE FUNDED
VIA
EXISTING CASH AND AN INCREASE TO MAXIPARTS GROUP DEBT FACILITIES
Source text for Eikon: ID:nASX9VHNTF
Further company coverage: MXI.AX
((Reuters.Briefs@thomsonreuters.com;))
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