Amica takes over UK’s CDA

Image: shutterstock

Kitchen appliance producer, Amica has signed a deal to take over a 100 percent stake in logistics company, CDA for £24.3 million, the company said. The price includes CDA’s financial assets totaling £7 million. The transaction is financed from the company’s own means and a bank loan. Amica said that the acquisition will ease expansion…

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