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Hot Topic Budget 25
Hot Topic Budget 25
General Business
4 mins to read

Straker acquires another translation business – for $9.1m

The NZ company has a global acquisition strategy in play, along with organic growth.

ASX-listed Straker Translations has bought US-based translation tech company Lingotek in a $9.1 million deal involving a combination of cash and shares.

The deal, due to become operational on February 1, comprises a cash payment of US$5.27m and US$1.2m in Straker shares at an issue price of

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Fiona Rotherham Thu, 21 Jan 2021
Contact the Writer: fiona@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Straker acquires another translation business – for $9.1m
General Business,
86111
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