Stack BTC Plc to acquire DB London Ltd t/a Direct Bullion

Stack BTC Plc has agreed to acquire DB London Ltd t/a Direct Bullion in a strategic acquisition valued at £7 million. The transaction involves a headline offer consideration comprising cash, shares, and an earn-out component. This deal brings together two entities operating within the United Kingdom, specifically targeting the Consumer & Retail sector. Stack BTC Plc is based in Great Britain, while the target company, Direct Bullion, also operates from within the UK market. The announcement of this agreement was made on 15 September 2026. This structure indicates a mixed consideration approach, blending immediate liquidity with future performance incentives for the sellers. The deal represents a significant move for Stack BTC Plc to expand its footprint in the retail precious metals space through the acquisition of an established brand with existing customer relationships and operational infrastructure.

The transaction is currently at the firm intention stage, meaning that while the key terms have been agreed upon, the deal has not yet been completed. No completion date has been reported for this acquisition. The parties are likely proceeding with due diligence and finalising legal documentation before closing the transaction. This phase typically involves securing necessary internal approvals and preparing for regulatory filings if required by the sector. The inclusion of an earn-out suggests that the valuation is partly contingent on future business performance, aligning the interests of both the buyer and the outgoing owners. Stakeholders will be monitoring the progress towards completion in the coming months as the final steps are executed to transfer ownership and integrate the target company into Stack BTC Plc’s existing operations.