Brief: Neovici Acquires Iot Company Wraptech

Neovici Holding AB (publ)

20/12/2024 14:53

Dec 20 (Reuters) - Neovici Holding AB (publ)  NEOb.ST :
    * ACQUIRES IOT COMPANY WRAPTECH AND STRENGTHENS ITS FOCUS ON RETAIL
    * INITIAL PURCHASE PRICE FOR WRAPTECH ACQUISITION IS SEK 5 MILLION
    * AGREEMENT INCLUDES PERFORMANCE-BASED PAYMENT OF UP TO SEK 32 MLN IF CERTAIN PREDETERMINED
TARGETS ARE ACHIEVED

Source text:  ID:nMFNbVDdxN 
Further company coverage:  NEOb.ST 

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