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Article: Domino acquires APS for 15.2m Euros.(EVOLUTION)
- Article from:
- Food Trade Review
- Article date:
- September 1, 2008
CopyrightCOPYRIGHT 2008 Food Trade Press Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Domino Printing Sciences plc is pleased to announce it has agreed terms for the acquisition, through its wholly owned subsidiary, Domino Holdings Deutschland GmbH ('Domino'), of 95% of the equity of aps Alternative Printing Services GmbH ('APS').
APS is based in Herrenberg, Germany and develops and manufactures a range of innovative thermal inkjet printers, which are sold worldwide through subsidiaries in France and Australia and a network of distributors.
The initial price payable is 15.2m Euros of which 13.9m Euros will be paid at closing of the transaction on 31 August 2008. The balance of this initial sum will be paid in February 2010. Deferred ...