GUD Holdings Limited today announced it has entered into an agreement to acquire 100% of the shares in the businesses of Australian Clutch Services Pty Ltd (ACS) and subsidiaries XCLUTCH USA Inc and ACS NZ Pty Limited for an enterprise value of $32 million (subject to customary purchase price adjustments).  Completion of the acquisition is expected to occur on 1 March 2021.

Read the full announcement on the ASX Lodgements page.

Visit Our Brands Online