Groupe CLAIRE SAS acquired HYDREKA SAS from Halma plc (LSE:HLMA) for ?8.4 million on May 31, 2024. A cash consideration of ?8.4 million will be paid by Groupe CLAIRE SAS. As part of consideration, ?8.4 million is paid towards common equity of HYDREKA SAS. For the period ending December 31, 2023, HYDREKA SAS reported total revenue of ?9 million. Philippe Schmitt, Alan Granberg and Cory Kenny of EuroConsult Capital, LLC acted as financial advisors for Halma plc.

Groupe CLAIRE SAS completed the acquisition of HYDREKA SAS from Halma plc (LSE:HLMA) on May 31, 2024.