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St Ives PLC To Acquire Amaze plc

Monday, 11 Mar 2013 03:05am EDT 

St Ives PLC announced that it has agreed to acquire Amaze plc (Amaze), a marketing and technology consultancy, from Hasgrove plc. St Ives has agreed to acquire all of the issued share capital of Amaze, on a cash and debt free basis, for GBP15.3 million in cash. Further consideration of up to GBP9.0million may be payable dependent on incremental financial performance for the year ending December 31, 2013. Following the acquisition, Amaze will operate as a subsidiary of St Ives and will continue to be managed from current locations by the existing management team of Natalie Gross, Wendy Stonefield, Rick Curtis, Matt Clarke, Sandra McDowell and Stephen Collins. 

Company Quote

6.25 +3.01%
19 Aug 2014