date:Aug 20, 2015
through debt facilities with settlement including an element of deferred payment. Seeka anticipates revenue to increase by approximately NZD$17m with EBITDA to increase by NZD$3.2m to NZD$4.0m before any synergy gains.
An Australian company Seeka Australia Pty Limited has been established with Seekas operations in Australia to be run as an Australian business.
Seeka is pleased with the purchase, the businesses are strategically aligned and complement each other. Both sell to similar customers