Decisive Dividend (TSE:DE) has released an update.
Decisive Dividend Corporation has strategically acquired Techbelt Limited, a UK-based manufacturer of PTFE products for $6.3 million, enhancing its presence in various markets including food and beverage and textiles. The acquisition, expected to boost sales and earnings, was financed through Decisive’s credit facility and issuance of common shares. The deal, which brings immediate financial accretion and growth potential, underscores Decisive’s expansion in the wear-parts segment and its commitment to a balanced acquisition funding strategy.
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