HydroPhi Technologies Europe Sp. z o.o. agreed to acquire Terra S.A. (WSE:TRA) from R&D Property Sp. z o. o. and others in a reverse merger transaction on July 16, 2014. As a result of the transaction, HydroPhi Technologies will be listed on the NewConnect market of the Warsaw Stock Exchange. The combined entity will be called HydroPhi Technologies Europe SA.

HydroPhi Technologies Europe Sp. z o.o. completed the acquisition of Terra S.A. (WSE:TRA) from R&D Property Sp. z o. o. and others in a reverse merger transaction on August 26, 2014.