Another excellent acquisition:
Here comes the American Market through a backdoor.
Highland revenue US 7.8m CY2019. 1M payment is payable upon the highland business delivering
US $20m in revenue at a target EBITDA margin in CY2020.
The acquisition of Highland is expected to contribute positive cashflow and profitibility to SCidev from the date of acquisition.
Cheers
M.oz
PS Mr Market - time to wake up again on this little beauty.
Ann: SciDev to Acquire Highland Fluid Technology Inc., page-3
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