AwoX S.A. (ENXTPA:AWOX) acquired Cabasse S.A. from Canon Inc. (TSE:7751) for €4.5 million on September 15, 2014. The acquisition was settled entirely in cash for a fixed amount of €2 million and earnouts of up to €2.5 million. In the year ending December 31, 2013, Cabasse posted turnover of €7 million. Ernst & Young France provided financial due diligence for AwoX S.A. and Ernst & Young ShinNihon LLC provided financial due diligence for Canon Inc.

AwoX S.A. (ENXTPA:AWOX) completed the acquisition of Cabasse S.A. from Canon Inc. (TSE:7751) on September 15, 2014.