AltX-listed Alaris Holdings is a technology holding company listed on the JSE AltX since July 2008. The company announced today that on Friday, 4 March 2016, an agreement was signed between Alaris Holdings and European-based company COJOT, whereby Alaris acquired COJOT.
On 28 April 2016, it confirmed that all conditions precedent to the acquisition have been fulfilled and the acquisition is now unconditional. The acquisition will take retrospective effect from 1 January 2016.
Alaris Antennas, a subsidiary of Alaris Holdings, designs and manufactures specialised wide-band antennas as well as other related radio frequency products. Its products sell in the frequency spectrum monitoring, communication, test and measurement and electronic warfare market. The business operates mainly in the homeland security market space, helping to provide solutions to system integrators and frequency spectrum regulators.[Full Story.]
Last updated: 10 May 2016