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Provider: Reuters Investment Profile
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IKF SpA Sells Entire Stake in TECNOIMI SpA


Monday, 6 May 2013 03:33am EDT 

IKF SpA announced that it has sold its entire stake in TECNOIMI SpA for a total of EUR 2,775,000.00. The sale agreement also entails the payment of further EUR 225.000.00, thus bringing the total sale price to EUR 3,000,000.00 if by October 15, 2013 there are present conditions of order backlogs of at least EUR 6,000,000.00 and of a profitability of over 11%. The acquiring company is Opera Juris Srl that works in the field of mechanical systems. 

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