Calyx Group plc

Industry: Telephony & Wireless

The Calyx board of directors believe that ITS has good synergies with Calyx's already strong Irish business as well as a strong and established management team, which will help the Calyx Group develop in the UK. Currently there are no plans for redundancies resulting from the acquisition but, conversely, further investment and growth is expected as the Calyx brand is rolled out within the UK . Calyx is expecting to make further investment over the next 12 months in order to provide ITS with the capability to deliver Calyx's advance solutions based around compliance and remote managed services. In addition this investment will enable ITS to broaden its customer reach and increase its market share. Thereafter, the acquisition is expected to enhance Calyx's earnings per share. ( www.calyxgroup.co.uk )

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Telephony

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Sell/Buy Offer Tags:
Telephony; Wireless;