Mycronic acquires MRSI Systems, LLC in the USA
Täby, 1 June, 2018 – Mycronic AB (publ), acquires 100 percent of MRSI Systems, LLC (MRSI), headquartered in North Billerica, Massachusetts, in the USA. The purchase price amounts to USD 40.7 million (approximately SEK 358 million) on a cash and debt free basis and is financed with a combination of Mycronic’s own funds and bank financing. Under certain performance parameters, an earn-out of a maximum amount of USD 20.2 million (approximately SEK 178 million) will be paid in 2020. Net sales in 2017 reached USD 31 million. “MRSI is a perfect strategic match with Mycronic’s goal of adding