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Nettlinx is set to acquire 95 per cent of Salion SE, an asset management company based out of Berlin. The Corporation manages more than €1.70 million in investments. It has a specialised team, which advises on M&A and financing of M&A transactions.
Hyderabad-based, Nettllinx will invest half a million euros into Salion SE. This strategic investment will help Nettlinx build a war chest for future acquisitions of high-tech companies in the industrial space in Germany.
In a statement, the company said it derives advantage through this route on account of the extended leverage it gets in a low interest country, where rates are less than 2 per cent per annum against rates prevailing in India, which hover around 11 per cent.
Salion SE has excellent credit rating and presently can leverage this investment to the tune of around €20 million.
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