Solution Dynamics Limited (NZSE:SDL) agreed to acquire Scantech Limited for NZD 0.96 million on March 27, 2018. The acquisition has an initial cost of NZD 0.57 million with additional earn out payments subject to achievement of sales targets over the twelve-months following acquisition. The acquisition will be funded from existing cash reserves and the maximum amount payable will not exceed NZD 0.96 million. The transaction is expected to close on April 02, 2018.