Acal acquires Variohm Holdings for up to £13.85 million

Acal Plc agreed to acquire Variohm Holdings Limited for up to £13.85 million, including £12 million upfront and up to £1.85 million in earn-outs. Variohm is a UK-based manufacturer of sensors, switches and motion measurement systems.

“The acquisition of Variohm continues our strategy of building a differentiated group with higher operating margins through the acquisition of high quality, growing design and manufacturing businesses.”proactiveinvestors.com

• 2 sources
• proactiveinvestors.comAcal agrees acquisition of Variohm to expand design and manufacturing business | LSE:DSCVJamie AshcroftJan 20, 2017
• proactiveinvestors.comAcal successfully completes £14.1mln placing | LSE:DSCVTom HowardJan 23, 2017

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