Midwich Group agrees to acquire Nimans Limited for £27.5mn

LONDON, UK: Midwich Group (AIM: MIDW), a global specialist audio visual distributor to the trade market,t has entered a binding agreement to acquire Nimans Limited and its subsidiaries from Nycomm Holdings Limited.  The aggregate consideration of £27.5 million will be paid in cash.  The initial consideration of £16.5 million payable upon completion of the acquisition…