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AB Dynamics completes Vadotech Group acquisition for up to €26m | 4 March 2021 - Vimarsana News

AB Dynamics completes Vadotech Group acquisition for up to €26m | 4 March 2021

4 March 2021 | 10:17am StockMarketWire.com - Automotive services provider AB Dynamics completed the acquisition of Vadotech and Zynit, part of the Vadotech group, for up to €26.0 million. The acquisition provided a 'significantly larger physical presence for AB Dynamics in Asia Pacific and the group will invest approximately £1.0 million in the integration to establish a strong regional hub for the wider business,' the company said. The company also provided an update on current trading conditions with performance for the six months ended 28 February 2021 in line with the board's expectati...