Hexatronic Group: A new acquisition in the UK
Research Note
2018-06-01
15:53
Today Hexatronic Group announced yet another international acquisition. This time in the UK with the training company PQMS for GBP 2m, with an additional purchase consideration of up to GBP 2.6m. As part of the transaction, Hexatronic also acquires the companies Smart Awards Limited and Gordon Franks Training Limited. The purchase is conducted at attractive multiples and we view the acquisition as strategically important and further strengthens Hexatronic’s position on the fast-growing UK market.
KL
HH
Kristoffer Lindström
Havan Hanna
Disclosures and disclaimers