Nice S.p.A. agreed to acquire ACM S.r.l. for €11.9 million on June 11, 2018. The payment of €11.9 million will be made in several tranches. The acquisition will be financed with Nice's own resources and already available credit facilities. For year 2017, ACM S.r.l. reported the turnover of approximately €17 million. The purchase of ACM is subject to certain contractual conditions to be met over the next few weeks.