FDCTech agrees to acquire Larstal UK and Larstal Denmark
FDCT•FDCTech agreed on October 6, 2026, to acquire Larstal UK and Larstal Denmark for a combined base price of $2.35 million, plus payments for regulatory own funds requirements and cash and debt adjustments.
1. Acquisition terms
FDCTech agreed to acquire Larstal UK and Larstal Denmark for a combined base price of $2.35 million. It will pay $235,000 upon signing and another $235,000 when change-in-control applications are submitted, followed by monthly interim payments totaling $120,000 until completion; the remaining base price is due at completion. Additional payments will cover the targets’ regulatory own funds requirements, with post-completion adjustments for cash and debt. Pre-completion payments are non-refundable if either regulator rejects the acquisition, except in cases of seller fraud.
