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Silex Systems Completes Aquisition of Solar Systems Group Assets

16 Mar 2010  |  08:59:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Silex Completes Aquisition of Solar Systems Group Assets

Silex Systems announced that it has completed the acquisition of the assets of Melbourne based Solar Systems Group (SSG). The assets have been acquired in a wholly owned subsidiary of Silex Systems, with business operations to continue in part of the previously leased premises in Abbotsford, Melbourne. The asset purchase price of $20m includes $2m cash and $18m in Silex shares.

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