Brief: Nichols Buys 100% Of VITHIT For €75 Million Cash
10/08/2026 07:24
BRIEF-Nichols Buys 100% Of VITHIT For €75 Million Cash Aug 10 (Reuters) - Nichols PLC NICL.L:
NICHOLS PLC - ACQUISITION OF VITHIT
NICHOLS - ACQUISITION EXPECTED TO BE IMMEDIATELY EARNINGS ENHANCING
NICHOLS - BUYS 100% OF VITHIT FOR €75 MILLION CASH
NICHOLS - ACQUISITION EXPECTED TO DELIVER SYNERGIES OF OVER €1 MILLION PER ANNUM
NICHOLS - REAFFIRMS DIVIDEND COVER POLICY OF 1.5X FOLLOWING COMPLETION
NICHOLS - NATWEST TO PROVIDE NEW REVOLVING CREDIT FACILITY POST-ACQUISITION
NICHOLS - GARY LAVIN, VITHIT CHAIRMAN AND FOUNDER, TO STEP DOWN FROM DAY ONE
NICHOLS PLC: DEAL WILL ENHANCE EPS AND THEREFORE DPS FROM FY27 ONWARDS
Source text: ID:nRSJ8920Pa
Further company coverage: NICL.L