Serco Group plc (LSE:SRP) agreed to acquire Climatize for AED 60 million on December 14, 2023. The acquisition is for cash consideration of AED 9 million and contingent consideration of up to AED 51 million payable on achieving certain financial targets. The transaction is expected to complete in the first quarter of 2024.

Serco Group plc (LSE:SRP) completed the acquisition of Climatize on January 2024..