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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.