Saietta Group plc (AIM:SED) has reached agreement to acquire Certain Assets of Sunderland Factory from ZF Lemforder UK Ltd for £1.1 million on April 4, 2022. Saietta has agreed to purchase the assets for a sum of £1.1 million, with £1 million payable within five days of completion and, subject to certain conditions £0.1 million paid within two weeks. The equipment has been subject to an independent valuation which concluded an in-situ market value of £1.64 million.