Strix signs conditional agreement to acquire LAICA

LONDON: Strix Group Plc has entered into a conditional agreement to acquire, through its newly incorporated indirect subsidiary, Strix Italy S.r.l., the entire share capital of LAICA S.p.A for an initial consideration of approximately €19.6 million. The purchase consideration comprises approximately €11.6 million in cash and €8.0 million in Strix ordinary shares, with up to…