4th Jan 2022 12:09
Volex PLC - Basingstoke-based electronics manufacturer - Says it has completed the acquisition of Prodamex SA de CV and Terminal & Cable Inc for a total consideration of CAD22.5 million, about GBP13.1 million. The acquisition was funded by the company's debt facilities.
Prodamex and Terminal & Cable are wire harness manufacturers. Both companies have operations in Canada. Prodamex also has operations in Mexico and the US.
Current stock price: 346.50 pence, up 0.6% in London
By Heather Rydings; [email protected]
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