Perth-based drilling products company Imdex Ltd will acquire privately-owned Swedish borehole survey systems supplier Flexit AB and Flexit Navigation AB for $22 million in a cash and scrip sale, the company announced today.

Perth-based drilling products company Imdex Ltd will acquire privately-owned Swedish borehole survey systems supplier Flexit AB and Flexit Navigation AB for $22 million in a cash and scrip sale, the company announced today.