Hexatronic Group AB (publ) (OM:HTRO) acquired Optical Solutions (Australia) Pty Limited on August 2, 2021. In a related transaction, Hexatronic Group AB acquired The Fibre Optic Shop Pty Ltd on August 2, 2021. OSA and FOS is consolidated into Hexatronic Group from August 1, 2021. The combined enterprise value for the two businesses amounts to AUD 47.4 million, with an additional purchase consideration of up to AUD 6.8 million based on performance of the two entities. For both transactions, the fixed purchase price is partly paid 90% in cash and 10% in newly issued shares. Both acquisitions are being financed by a senior bank loan from Danske Bank. Corrs Chambers Westgarth acted as legal counsel to Hexatronic on this transaction. Hexatronic Group AB (publ) (OM:HTRO) completed the acquisition of Optical Solutions (Australia) Pty Limited on August 2, 2021.