Detection Technology has completed the acquisition of Haobo Imaging
Detection Technology Plc company announcement 3 July 2023 at 09:00 (EEST) Detection Technology has completed the acquisition of Haobo Imaging Detection Technology Plc has completed the acquisition of Haobo Imaging. Detection Technology acquired 90% of the shares in Haobo Imaging for EUR 12 million. The acquisition was financed with cash reserves and a term loan. The founders and management of Haobo Imaging will continue to hold 10% of the shares. Detection Technology intends to acquire the remaining shares in the future under agreed terms. Apart from ordinary working capital