Trade Window Holdings Limited entered into a conditional agreement to acquire Business and assets of Rfider Limited for NZD 10 million.

Trade Window Holdings Limited (NZSE:TWL) entered into a conditional agreement to acquire Business and assets of Rfider Limited for NZD 10 million on May 16, 2022. The maximum consideration is NZD 10 million and the final consideration will be proportional to the achievement of an aggregate NZD 4.22 million in revenue over the two year period. Rfider Founder and Chief Executive Officer John Pennington will join TradeWindow. As of July 15, 2022, TradeWindow agreement to acquire Business and assets of Rfider goes unconditional and transaction is expected to take place on or around July 29, 2022.