Maxima sells sub-division for £1.6m
Maxima, an IT business systems and managed services company, has completed the sale of the business and assets of its Integrated Business Systems sub-division for a total consideration of £1.6m.
Maxima, an IT business systems and managed services company, has completed the sale of the business and assets of its Integrated Business Systems sub-division for a total consideration of £1.6m.
Of the payment, £1.4m has been paid in cash and a further £0.2m is deferred, pending renewal of certain annuity contracts. The cash received will be used to repay part of the company's banking facilities.
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