Inission AB (publ) (OM:INISS B) acquired HY-Tech Comp Oy from Helmet Business Mentors Oy on for €3.3 million February 26, 2020. Under the terms, €1.62 million will be paid in cash and the rest will be paid with 147 Inission B-shares, resulting in a dilution of 3%. The cash transaction is fully financed with loan of €1.62 million by Inission’s bank according to Inission standard terms. For the year ended December 2019, HY-Tech Comp Oy reported revenue of €15.9 million and EBITDA of €0.9 million. Inission AB (publ) (OM:INISS B) completed the acquisition of HY-Tech Comp Oy from Helmet Business Mentors Oy on for €3.3 million February 26, 2020.