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22nd of July 2019
XTEK acquires US ballistic armour company to accelerate product commercialisation potential

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.
 


For the full press release, please CLICK HERE