Porvair plc (LSE:PRV) agreed to acquire 100% stake in Ratiolab GmbH and Ratiolab Kft. on May 4, 2023. Regulatory approval is expected to take around three months. Ratiolab has annual external revenues of around ?12 million. Sally Sha, Ralf Hoffman, Jürgen Wohlfart and John Kim of EC Mergers & Acquisitions acted as exclusive financial advisor to Ratiolab.

Porvair plc (LSE:PRV) completed the acquisition of 100% stake in Ratiolab GmbH and Ratiolab Kft. for £8.1 million on July 14, 2023.