Sheffield Green (SGX:SGR) is acquiring the business assets of a training center in Las Palmas, Spain, for 1.4 million euros, according to a Tuesday filing on the Singapore Exchange.
The deal, signed via its indirect Spanish unit Stier Training Services, covers equipment, software, training accreditations, commercial contracts, land rights, and 13 staff.
Payment will be made in stages, with 337,500 euros tied to post-completion conditions.
The acquisition expands Sheffield Green's training footprint in Europe, targeting wind and maritime sectors.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.