Comair Limited (JSE:COM) acquired Metaco Holdings (Pty) Ltd on July 1, 2018. Comair Limited (JSE:COM) completed the acquisition of Metaco Holdings (Pty) Ltd for ZAR 30.3 million on July 1, 2018. This business was acquired for an aggregate estimated purchase consideration of ZAR 30.3 million, on which an upfront cash payment of ZAR 12.9 million was made. The remaining amount of ZAR 17.4 million is based on the cumulative net profit after tax for the period from the effective date until the sixth anniversary of the effective date, less 25%, being the deemed profit share to Comair Limited.