# Cutix Plc plans to acquire Adswitch Plc

Cutix Plc has announced a plan to acquire Adswitch Plc, a related electrical switchgear company that was delisted from the Nigerian Stock Exchange in 2016. The acquisition is intended to enhance business expansion and boost profitability.

- Type: Acquisition
- Announced: 2019-10-02
- Where: Nigeria
- Status: announced
- Products: electrical switchgear
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Cutix Plc](https://endata.com/companies/42496.md) (acquirer)
- [Adswitch Plc](https://endata.com/companies/42497.md) (target)

## Sources

- [brandspurng.com](https://brandspurng.com/2019/10/02/cutix-plc-to-acquire-adswitch/), 2019-10-02: "Cutix Plc has announced a plan to acquire Adswitch Plc, a related electrical switchgear company that was delisted on the Nigerian Stock Exchange in 2016."
- [thenationonlineng.net](https://thenationonlineng.net/cutix-to-acquire-adswitch-2/), 2020-04-22: "Cutix Plc has announced plan to acquire Adswitch Plc, a related electrical switchgears company that was delisted on the Nigerian Stock Exchange in 2016."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.