SCT SDI buys PRP Optoelectronics for £9.3m

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SCT SDI buys PRP Optoelectronics for £9.3m

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SDI Group plc (which acquires and develops companies that design and manufacture specialist products for use in lab equipment, industrial & scientific sensors and industrial & scientific products) has acquired PRP Optoelectronics Ltd of Swindon, UK for £9.3m, excluding £2.8m of acquired net cash. The total consideration comprises £11.3m in cash paid on completion; and £0.8–0.9m of deferred cash, subject to working capital completion accounts (to be paid to the sellers after completion)...

Source: https://www.semiconductor-today.com/new ... 0226.shtml
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