SKS Technologies Group Limited (ASX:SKS) entered into an agreement to acquire Assets and Ongoing Business of the APEC Technologies Group for approximately AUD 2 million on March 5, 2021. Under the terms, the consideration will be paid through the issue of new equity in SKS Technologies. Half of the shares will be held in voluntary escrow for a period of 12 months from completion and the balance for a period of 24 months. The acquired business will be re-branded to SKS Technologies from the first day of combined operations. The transaction is subject to due diligence investigation. The transaction is expected to be completed in late March 2021. The acquisition will be EPS accretive in the first year of combined operations. SKS Technologies Group Limited (ASX:SKS) completed the acquisition of Assets and Ongoing Business of the APEC Technologies Group for AUD 1.5 million on April 1, 2021. The change in consideration is due to adjustment.