StockMarketWire.com - Infection prevention product supplier Tristel said it had acquired the Ecomed Group for up to €6.8m in cash and shares.

Ecomed was the company's exclusive distributor in Belgium, the Netherlands, Luxembourg and France.

An initial €5.0 payment included €3.4m is payable in cash and €1.6m in Tristel shares.

Additional deferred consideration of up to €1.8m may be paid before July, based upon final Ebitda for calendar 2018 exceeding €0.84m, and sales growth of at least 15% for the year ending 30 June 2019 being achieved.


At 9:37am: [LON:TSTL] Tristel PLC share price was +5p at 232.5p



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