Fusion CX shares in focus as UK unit inks deal to acquire German BPO group for European expansion

Shares of the recently-listed Fusion CX Ltd. are in focus on Friday, November 13, after the company said it's UK-based wholly-owned subsidiary Fusion BPO Services Ltd. is set to acquire 100% of an established German call-centre / BPO group to expand its presence in the region.The company, in an exchange filing, said Fusion BPO Services on Thursday, November 12, entered a share purchase agreement with — impacx Holding GmbH and Bernhard Sack, a resident of Germany, to acquire 100% of their equity representing the entire share capital of the three firms:impacx Solutions GmbH — having a share capital of €25,600 divided by two shares of €12,800 each.tel-inform solutions GmbH — having a share capital of €25,000 comprising one share.impacx services GmbH. — having a share capital of €160,000 divided into two shares of €154,000 and €6,000.The filing stated that the acquisition of the German call-centre / BPO group, which serves few blue-chip clients, is to expand the purchaser's service and client base in Germany and Europe.Once the acquisition is completed, each target company will become a wholly-owned step-down subsidiary of Fusion CX, as per the filing. The completion is indicatively expected on or before the long stop date of November 30, 2026, it added.It said business continuity is supported via a performance-linked earn-out based on EBITDA for 2026, the continuation of Bernard Sack as managing director under a transition agreement and an asset purchase agreement under which inventories and intangible assets of impacx Holding GmbH are to be transferred to impacx services GmbH. The business of the target firms is within the main line of business of the company, it added.The acquisition's upfront cash consideration and the fix purchase price has been set at €2 million , of which, €1.98 million to impacx Holding GmbH and €13,000 to Sack.

There is also an escrow amount of €5,00,000 paid to the acting notary as escrow agent as security for the earn-out and any fix purchase price adjustment.The maximum earn out, based on the EBITDA, is capped at €1.2 million.Shares of Fusion CX ended the previous session 4.9% up at ₹301.75 apiece. The stock is down 1% from its listing price of ₹305 but is up 4.4% from its issue price of ₹289 apiece.Also Read: Fino Payments Bank gets RBI approval for Pratap Singh's appointment as MD & CEO; stock in focus