RLF AgTech Completes LiquaForce Acquisition

RLF AgTech Ltd (ASX: RLF) has finalized the acquisition of LiquaForce Pty Ltd's assets. The deal includes an upfront payment of AU$3 million in cash and AU$0.75 million in RLF shares, with an additional AU$0.75 million due by 30 September 2024. This acquisition enhances RLF's revenue base in Australia, particularly in Queensland, and presents new market opportunities.

RLF is advancing the integration of LiquaForce, streamlining operations, and optimizing supply chains. Ken Hancock, RLF’s Managing Director and CEO, highlighted the potential for growth in various agricultural sectors and the expansion of RLF’s product offerings. This acquisition is expected to strengthen RLF's Australian revenues and support its international growth strategy.

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