Applus+ acquires QPS

01/12/2020
Applus+ is pleased to announce the acquisition of the entire share capital of QPS Evaluation Services Inc (QPS).
  • Rapidly growing testing, inspection and certification business for electrical and electronic products
  • Significant increase in global reach combined with Applus+
  • High barriers to entry resulting in attractive margins
  • €42 million consideration to be financed from existing liquidity delivering significant earnings per share accretion

 

Read the full announcement here.

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