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Halma to acquire Pyxis for $170 million cash consideration

Halma plc announced it will acquire Pyxis, a water quality monitoring and analysis technology specialist. The initial cash consideration is $170 million across three separate Pyxis companies.

HLMA

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06:46:53 AM UTC
SquawkNews
The FTSE—100 firm added that further earn—out payments of up to $30m may be made depending on Pyxis’ performance over the next two financial years.Pyxis designs sensors and systems used across industrial, municipal and environmental applications, and will operate as a standalone business within Hal…

The FTSE—100 firm added that further earn—out payments of up to $30m may be made depending on Pyxis’ performance over the next two financial years.Pyxis designs sensors and systems used across industrial, municipal and environmental applications, and will operate as a standalone business within Hal…