PiezoMotor: TPA acquisition ticking most boxes

Redeye is encouraged by the recent acquisition of The Precision Allianz Motion (TPA). PiezoMotor will gain a strong foothold in the US market while also turning profitable on group level going forward. TPA has a solid financial track record and as far as we can tell, ticking most criteria for acquisition targets. The price tag of around 10x EBITDA is clearly attractive.

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Henrik Alveskog

Mattias Ehrenborg

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