Imdex Completes Acquisition Of Luxembourg-Based Imaging Instrumentation Provider

MT Newswires Live

Feb 13

Imdex (ASX:IMD) has completed a share purchase to acquire 100% of Advanced Logic Technology, which includes a controlling interest in Mount Sopris Instruments, according to a Friday Australian bourse filing.

The acquisition of the remaining shares of Mount Sopris to boost Imdex's stake to 100% from 61.1% is on track for completion before the end of February.

Imdex had earlier entered into binding agreements to acquire Advanced Logic Technology and its Mount Sopris Instruments unit for 55.8 million euros.

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