Coala-Life Group AB (publ) (OM:COALA) entered into an agreement to acquire Vitrics Management Group Inc for $4.5 million on June 9, 2022. Vitrics is acquired for a total payment of $4.5 million in cash on a cash and debt-free basis. The deal is expected to close not later than July 31, 2022. As on July 29, 2022, Coala Life changes the estimated completion date of the acquisition of Vitrics Management to August 14, 2022.

Coala-Life Group AB (publ) (OM:COALA) completed the acquisition of Vitrics Management Group Inc for $3.5 million on August 15, 2022. The due diligence process and the acquisition were estimated to be completed no later than July 31, 2022. On July 29, August 14, 2022, was announced as the new estimated latest completion date for the due diligence process and the deal.