Redeye: PiezoMotor - TPA acquisition ticking most boxes
Redeye is encouraged by the recent acquisition of The Precision Allianz Motion (TPA). PiezoMotor will gain a strong foothold in the US market while also turning profitable on group level going forward. TPA has a solid financial track record and as far as we can tell, ticking most criteria for acquisition targets. The price tag of around 10x EBITDA is clearly attractive.
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This is a press release from Redeye - Research Powered Investment Banking. www.redeye.se/