ASF Group Limited (ASX:AFA) agreed to acquire Activex Canning Pty Ltd from ActivEX Limited (ASX:AIV) for AUD 0.07 million on April 3, 2024. The consideration consists of AUD 0.075 million in cash. As part of the consideration, AUD 0.075 million was paid towards common equity.

The proceeds from the sale will be used as working capital for ActivEX Limited.