Diploma PLC (LSE:DPLM) acquire 95% stake in Techsil Holdings Limited on August 30, 2021. The transaction includes £1.1 million Deferred consideration. Diploma hold and option for the 5% stake in Techsil. Paul Hughes, Chairman of Techsil stepped down and has left Techsil. Chris Dilley will continue in the position of Managing Director, with Mark Rice taking on the position of Finance and Operations Director of Techsil. Techsil will continue to operate under our Techsil brand, from the same location. Clearwater International Limited acted as financial advisor to Techsil. Diploma PLC (LSE:DPLM) completed the acquisition of 95% stake in Techsil Holdings Limited on August 30, 2021.