XTEK acquires US ballistic armour company to accelerate product commercialisation potential

  • Posted on: 26 July 2019
  • By: Admin
22nd of July

XTEK Ltd (ASX:XTE) managing director Phillipe Odouard updates Proactive Investors on the company’s strategic US acquisition of Ohio-based body armour and protective equipment company, HighCom Armor Solutions, Inc.
Mr Odouard says the strategic acquisition represents a key milestone in XTEK’s evolution to become a leading global ballistic armour player.
Completion of the acquisition is expected to take place in September 2019, pending regulatory and HighCom shareholder approvals.

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