Zardoya Otis, S.A. (BME:ZOT) agreed to acquire Otis Lliset for €3.9 million July 27, 2018. The consideration is based on net of cash and debt. Otis Lliset had revenues of approximately €1.4 million in 2017. The Board of Directors of Zardoya, after a favorable report from the Audit Committee, agreed to approve the transaction.