M&A Deals UK: Retec Digital, a British marketing services company that lists Tesco, Asda and Sainsbury’s among its clients, has bought Liquid Digital, a designer and operator of in-store digital signage. The deal was worth £250,000, paid in £150,000 cash and some 3.8 million shares. Under the terms of the agreement, Retec will repay £50,000 of loans to Liquid’s shareholders. Liquid was established in 2006 and serves companies such as Motorola, WHSmith, MTV and adidas.
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Source link: Retec closes digital signage deal, acquires Liquid Digital