Halma to buy Pyxis for $170M plus up to $30M earn-out
Halma plc will acquire water-quality firm Pyxis for $170M and up to $30M in performance-based earn-outs through 2028–2029, funded from its facilities. Pyxis adds about $39M revenue for 12 months to Mar 31, 2027.
Halma plc (LSE:HLMA) will buy water-quality firm Pyxis for $170M plus up to $30M in performance-based earn-outs, funded from Halma facilities. The deal adds a business with about $39M revenue for the 12 months to Mar 31, 2027, and earn-outs measured through 2028-2029.