---
title: "LEFTFIELD PRINT plans to acquire the business and assets of book binding and printing processing and grant options"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/238804674.md"
description: "LEFTFIELD PRINT announced plans to acquire bookbinding and printing processing businesses and related assets on May 5, 2025, for a total consideration of up to AUD 7.515 million. This acquisition will enhance the company's market share and production capacity, as well as increase revenue sources for its existing printing business. The board believes this move will support the company's further development in the Australian printing industry"
datetime: "2025-05-05T23:13:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/238804674.md)
  - [en](https://longbridge.com/en/news/238804674.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/238804674.md)
---

# LEFTFIELD PRINT plans to acquire the business and assets of book binding and printing processing and grant options

According to the announcement from LEFTFIELD PRINT (01540), on May 5, 2025, OPUS, the buyer (an indirect wholly-owned subsidiary of the company), the seller, and Mr. Wayne Eastaugh entered into an acquisition agreement, under which (including) the buyer conditionally agrees to acquire and the seller conditionally agrees to sell the relevant business and related assets (and the buyer assumes the related liabilities), with a total consideration of up to AUD 7.515 million (approximately HKD 37.6 million) (subject to adjustments).

In addition, the option holders have been granted options to purchase 25% of the buyer's issued shares at a price of AUD 1.5 million (approximately HKD 7.5 million).

The board believes that the acquisition is a good opportunity for the company to enhance its market share and strengthen its bookbinding and printing processing capabilities. The seller is a subcontractor of the group. Through the acquisition, the group will be able to increase its production capacity for bookbinding and printing processing. The board also believes that the acquisition will increase the revenue sources of the group's existing printing business and create synergies, thereby supporting its further development in the Australian printing industry

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