LONDON: Cohort plc (AIM: CHRT), an independent technology group, has announced a conditional agreement to acquire the entire issued share capital of EM Solutions Pty Ltd, which includes EM Solutions (Europe) B.V., from Electro Optic Systems Holdings Limited (EOS). The acquisition, valued at AUD$144.0 million (approximately £75.0 million), is subject to customary post-completion adjustments. EM…
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Beatrice Mary Nicholas appointed non-executive director at Cohort Plc
LONDON, UK: Cohort Plc, the independent technology group, announced the appointment of Beatrice Mary Nicholas as a non-executive director, with effect from 1 September 2021. Beatrice will also become a member of the Audit and Remuneration Committees. Beatrice has had a distinguished career in defence engineering and research. Most recently she was Director of Engineering…
Cohort Plc completes acquisition of Wärtsilä ELAC Nautik GmbH
LONDON: Cohort plc announced that the acquisition of Wärtsilä ELAC Nautik GmbH has now completed. German government approval for the transaction was granted in November and the other closing conditions were subsequently met. The acquisition, which has a headline price of €11.25m, is being funded from existing cash resources and the Group’s banking facilities. Wärtsilä…