Management team and key employees of Vertec Scientific SA agreed to acquire Vertec Scientific SA from discoverIE Group plc (LSE:DSCV) for ZAR 45 million on October 4, 2021. discoverIE Group will receive an up front cash consideration of ZAR 25 million, subject to certain completion adjustments and deferred consideration of ZAR 20 million payable in cash over the next three years. The sale is subject to certain regulatory approvals and expected to complete during the third quarter of the current financial year.

Management team and key employees of Vertec Scientific SA completed the acquisition of Vertec Scientific SA from discoverIE Group plc (LSE:DSCV) in January, 2022.