Mpirical Limited acquired Hexatronic Group AB (publ) (OM:HTRO) from the four Directors of Mpirical Limited for approximately SEK 125 million on June 1, 2021. Under the terms, the consideration will be paid in part by issuing 98,615 ordinary shares at SEK 145.66 per share, SEK 75.6 million in Cash and SEK 35.3 million based on the EBITDA of the forthcoming three financial years. As part of the transaction, the current team of Mpirical Limited will become part of Hexatronic Group AB (publ) with the four directors of Mpirical Limited retaining their current roles. DMH Stallard acted as legal advisor to Hexatronic Group AB (publ). BCMS Corporate Limited acted as Financial advisor for Mpirical and Mills & Reeve LLP acted as legal counsel to the shareholders of Mpirical.

Mpirical Limited completed the acquisition of Hexatronic Group AB (publ) (OM:HTRO) from the four Directors of Mpirical Limited on June 1, 2021.