HeiQ acquires Life Material Technologies Limited for up to $9.25 million

HeiQ Plc acquired 100% of Life Material Technologies Limited, Hong Kong, for an upfront consideration of US$6.45 million (US$2.55 million cash and US$3.9 million in shares), with additional earn-out of up to US$2.8 million. The acquisition strengthens HeiQ's antimicrobial technologies platform.

“The Acquisition is made in line with HeiQ's strategy to increase its presence in the bio-based antimicrobial & healthcare surface hygiene market.”investegate.co.uk

• 1 source
• investegate.co.ukInvestegate | Company AnnouncementInvestegateJun 15, 2021

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