XML 25 R11.htm IDEA: XBRL DOCUMENT v3.22.2
Acquisitions
6 Months Ended
Jun. 30, 2022
Business Combinations [Abstract]  
Acquisitions

3. Acquisitions

 

Acquisition of Franken

 

On April 1, 2021, we completed the acquisition of Franken, for a purchase price of €2.4 million (US$2.8 million, based on April 1, 2021 exchange rates), net of cash acquired of $1.1 million. Franken is a provider of visual communication products, including boards, markers, planning tools, as well as creative and training products. Franken is a German company that is included in the Company’s EMEA reporting segment.

 

Pro forma financial information is not presented due to immateriality.