WirTek A/S (CPSE:WIRTEK) entered into a non binding letter of agreement to acquire Romanian Assets of CoreBuild SRL and Core Technology Services SRL from CoreBuild SRL and Core Technology Services SRL for DKK 10.8 million on February 18, 2021. As of April 29, 2021, WirTek A/S (CPSE:WIRTEK) entered into a binding agreement to acquire Romanian Assets of CoreBuild SRL and Core Technology Services SRL from CoreBuild SRL and Core Technology Services SRL. The fixed part of the payment is EUR 568,000 (DKK 4.2m), consisting of DKK 2.7 million in cash and DKK 1.5 million in Wirtek shares valued at DKK 25 per share. The earn-out agreement has a target value of DKK 3.3 million, and the pay-out will be between DKK 0 up to a maximum of DKK 6.6 million, with payments 20% cash-based and 80% based on options/warrants valued at DKK 25 per share. The transaction is conditional upon a satisfactory due-diligence result. As of April 29, 2021, the due diligence was done. The agreement is expected to be effective on June 1, 2021. The acquisition is expected to have a significant positive impact on both revenue and EBITDA for Wirtek during the financial year 2021. WirTek A/S (CPSE:WIRTEK) completed the acquisition of Romanian Assets of CoreBuild SRL and Core Technology Services SRL from CoreBuild SRL and Core Technology Services SRL on June 1, 2021.