Alexium International to acquire Microtek Laboratories PCM unit in $2.17 mln share deal
SYDNEY – Alexium International Group Ltd (ASX:AJX) said on Monday it will acquire the phase-change material (PCM) and microencapsulation business of Microtek Laboratories from CAVU Group in a $2.17 million share-funded transaction, expanding its U.S. manufacturing footprint and thermal-management portfolio. The deal, conditional on the completion of a A$6.8 million ($4.5 million) entitlement offer, will…