April 15 (Reuters) - Laird LRD.L :

* Acquisition of 51 pct of Model Solution, a South Korean company specialising in prototype design

* Acquiring Model Solution from Kamur Private Equity for KRW 70 billion (c.40.4 million stg), in conjunction with South Korean private equity investors, Skylake Consortium

* Acquisition will represent a cash cost of 20.6 million pounds to Laird payable from Laird's existing facilities

* Expected to be earnings enhancing in first full year of ownership. Transaction is expected to close within two weeks.

Source text for Eikon: ID:nRSO8493Ea Further company coverage: LRD.L

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Keywords: LAIRD/BRIEF