Twintec AG (XTRA:TIN) signed an agreement to acquire 25% stake in Baumot AG from Perseus Partners VII, L.P., fund of Perseus, L.L.C. and Kavena family on March 1, 2013.

Twintec AG (XTRA:TIN) completed the acquisition of 25% stake in Baumot AG from Perseus Partners VII, L.P., fund of Perseus, L.L.C. and Kavena family on March 20, 2013. Twintec financed the deal by issuing 4.8 million shares.