RE: RNS: Completed the acquisition of Billi Australia, New Zealand & UK Ltd30 Nov 2022 13:49
Firstly: Billi will become more profitable, as Strix can leverage volume production to reduce costs and increase profit margins.
Secondly, Strix can now work to launch Billi into the US Market and Europe, so more revenue streams.
Thirdly, Billi has a lot of patents which now Strix owns.
Fourthly, more homes are updating to energy-efficient water pumps, and this is a massive market
This is now prime takeover territory.