Inspiration Healthcare Group Plc To Acquire Vio Holdings Limited

Inspiration Healthcare Group Plc (AIM: IHC), has entered into a conditional agreement to acquire the entire issued share capital of Vio Holdings Limited. The acquisition is for an aggregate consideration of £4.0 million on a cash free debt free basis and is likely to improve margins on Inspiration Healthcare’s products and leverage its well-established route to market.

On 5th September 2019, at the time of writing, GMT 08:09 AM, IHC shares were trading at GBX 60, up by 0.50 points or 0.84% against the previous day closing price.