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Announced

Xeriant to invest in Xeriant Europe.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Czechia

Friendly

Single Bidder

Aerospace

Pending

aerospace technology

Majority

Acquisition

Private

Cross Border

Synopsis

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Xeriant, an aerospace technology holding company, agreed to invest in Xeriant Europe, its strategic alliance partner located in Prague, Czech Republic. Financial terms were not disclosed. "Xeriant’s strategy of blending current income into our portfolio of technologies allows for a more balanced growth plan. Our main focus in this relationship was sourcing breakthrough products in the Czech Republic so that Xeriant can hold financial interests with high-income potential," Keith Duffy, Xeriant CEO.

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