Completion of Acquisition – Nordic Bioscience Diagnostics

IDS, a leading producer of diagnostic testing kits, announces the completion of the acquisition of 100% of the ordinary share capital of Nordic Bioscience Diagnostics A/S (NBD). As previously announced, the consideration for NBD was £17,000,000, with £10,000,000 (€14,900,000) to be satisfied in cash, and the balance satisfied through the issue of 2,783,300 new Ordinary […]

Leaves against a sunny sky

Proposed Acquisition

IDS, a leading producer of diagnostic testing kits, announces the completion of the acquisition of 99.93% of the ordinary share capital of Biocode Hycel S.A. (Biocode). As previously announced, the initial consideration for Biocode was €23,000,000, with €11,000,000 to be satisfied in cash, and the balance satisfied through the issue of 2,839,719 new Ordinary Shares […]