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Judges Scientific acquires Korvus Technology for at least £2.64 million
StockMarketWire.com
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Scientific instrument sector investor Life Judges Scientific said it had acquired Korvus Technology, a maker of vapour deposition systems, for an initial £2.64 million in cash.
'The acquisition will add to the group's capability in thin films alongside Quorum and Moorfield,' the company said.
The deal also included an earn-out provision of £0.4 million based on Korvus' adjusted EBIT in the year to 31 March 2021.
At 8:23am: (LON:JDG) Judges Scientific PLC share price was +70p at 5290p
Story provided by StockMarketWire.com
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