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Alexium’s Microtek Deal Sparks Manufacturing Shift and Growth Hopes

9:33am on Friday 30th of January, 2026 AEDT Manufacturing
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Alexium’s Microtek Deal Sparks Manufacturing Shift and Growth Hopes

9:33am on Friday 30th of January, 2026 AEDT
Key Points
  • Acquisition of Microtek Laboratories enhances manufacturing and product portfolio
  • Transition from technology developer to manufacturing-centred business model
  • Entitlement offer raises $4.6 million to reduce debt and support working capital
  • Sales decline amid US mattress market softness but new opportunities emerging
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