Gelion plc (AIM:GELN) signed an agreement to acquire Oxlid Ltd for Approximately £4.2 million on November 9, 2023.consideration consists of upfront consideration of £3.8 million and deferred consideration of £0.4 million. Cavendish Capital Markets Limited acted as financial advisor to Gelion plc (AIM:GELN).

Gelion plc (AIM:GELN) completed the acquisition of Oxlid Ltd on November 29, 2023.