Huber+Suhner AG (SWX:HUBN) acquired Phoenix Dynamics Limited on October 29, 2022. Purchase price will be exclusive financed with owned fund. Phoenix Dynamics Limited will become HUBER+SUHNER Phoenix Dynamics Ltd. Phoenix Dynamics Limited generates sales in the mid-single digit million range. Jonathan Watkins of DLA Piper UK LLP acted as legal advisor to Huber+Suhner AG.

Huber+Suhner AG (SWX:HUBN) completed the acquisition of Phoenix Dynamics Limited on October 29, 2022.