AFH Financial Group Plc (AIM:AFHP) acquired A E Garment Independent Financial Services Ltd for £1.8 million on July 1, 2019. Under the terms, AFH paid an initial cash fee of £0.88 million to buy AE Garment Independent Financial Services Limited. A further two payments worth up to £0.88 will be due over the following 26 months depending on AE Garment Ltd meeting performance targets. The current company director of A E Garment, Tony Garment will retire as a result of the deal and client base of more than 200 clients will move to existing AFH advisers. AFH Financial Group Plc (AIM:AFHP) completed the acquisition of A E Garment Independent Financial Services Ltd on July 1, 2019.