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…