P.C.B. Technologies Ltd (TASE:PCBT) agreed to acquire AMS Electronics Ltd. for NIS 40 million on October 23, 2018. Under the terms of transaction, NIS 20 million paid in cash on date of completion of the deal. Allocation of 4 million shares of P.C.B. Technologies to 2 shareholders. Additionally, P.C.B. Technologies will issue warrants for a period of 3 years since completion of the deal, in an amount exercisable into 1.1 million shares of P.C.B. at a strike price of NIS 5.7 per share. AMS Electronics had NIS 79 million in revenue in 2017. The transaction is subject to various suspending conditions. Completion of the deal is scheduled within three months. Sharon Amir, Einat Rosu and Omer Novinsky, and Tal Maman of Naschitz Brandes Amir acted as legal advisor to P.C.B. Technologies. P.C.B. Technologies Ltd (TASE:PCBT) completed the acquisition of AMS Electronics Ltd. on December 11, 2018. The transaction was completed after completion of suspending conditions.