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iQ International AG: iQ International has signed a Stock Purchase Agreement for the acquisition of Tecnova S.A.
Zug/Switzerland - 29 December 2020 (pta012/29.12.2020/11:20) - iQ International AG (ISIN CH0451424300 / WKN A2PAA5 / Symbol IQL), a multinational sustainable technologies company publicly traded at the General Standard of the Frankfurt Stock Exchange with its global head office in Zug, Switzerland and North American headquarters in Scottsdale, Arizona, announced today that the company has signed a share purchase agreement to acquire Tecnova S.A. The transaction is subject to approval by the relevant authorities.
On December 28, 2020, iQ International and the stockholders of Tecnova S.A. signed a Share Purchase Agreement pursuant to which iQ International will acquire all of the stock of Tecnova S.A. The South American battery manufacturer Tecnova S.A. was founded in 1962 and is headquartered in Guayaquil, Ecuador (www.boschecuador.com)
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