Codan Announces its Intention to Acquire Zetron Inc

Industry News

& Articles

Codan Announces Intention to Acquire Zetron

Facebooktwitterlinkedin
  • Deal comprises of upfront cash payment of around AUD59 million
  • Acquisition is part of an attempt to take advantage of a US bill currently in consideration
  • Transaction is due for completion by 30 April 2021

Codan (ASX:CDA) has announced on 1 April 2021 that it has entered into an agreement to purchase 100 per cent of shares in the US-based company Zetron Inc from JVCKENWOOD Corporation, a Japanese multinational electronics company. Zetron is a company that specialises in developing mission-critical communication solutions such as fire station alert systems and computer-aided dispatch.

The acquisition will comprise of an upfront cash payment of approximately AUD59 million. It will be funded through a combination of existing cash and debt from a recently approved AUD100 million banking facility. The transaction will be on a cash-free, debt-free basis is expected to complete by 30 April 2021.

Of particular interest is Zetron’s Next Generation 911 (NG911) products. NG911 is an initiative by the US and Canadian governments to update North America’s current emergency call-taking infrastructure and bring it in line with modern technological expectations. Importantly, the US government is currently considering an infrastructure bill that includes a proposed USD15 billion of NG911 funding.

If passed, the bill will undoubtedly drive demand for NG911 products and with this acquisition, Codan will be in a strong position to capitalise on the expanding market. While exciting, Codan is not the only company currently preparing to take advantage of the bill, the company notes Motorola and AT&T as major competitors who currently dominate the market.

Zetron and Motorola however, are the only companies in the market that offer a full suite of NG911 applications, and Codan hopes this will give them a significant edge. The company estimates that it stands to capture approximately a third of the total market and expects the addressable market to grow at 9.3 per cent per year if the bill passes.

Codan estimates the acquisition will add around AUD67 million in sales and is targeting AUD8 million in Earnings Before Interest Tax Depreciation and Amortisation by FY22. Codan also intends to capitalise on Zetron’s powerful brand presence in North America, and once the acquisition is completed, they plan to merge Zetron with another of its subsidiaries, Critical Communications, to create a single critical-communications company that will trade under the Zetron name.

Codan prides itself on its focus on researching and developing new products, and the acquisition of Zetron is in line with this philosophy. Previously on 16 February 2021, Codan announced another agreement to acquire a company called Domo Tactical Communications. They plan to increase Research and Development funding to both companies over time in the hopes of achieving market dominance through the creation of unique IP.

The announcement ended on an optimistic note. The president of Critical Communications, Scott French, commented on the two companies’ similar history and company culture, both being in the critical-communications sector. It’s hoped that by combining the two, Codan will be able to offer its customer more choice, more value and better meet demand.

Louis Mosmann

Louis Mosmann is a Private Wealth Client and Research Assistant at KOSEC- Kodari Securities. Louis covers macroeconomic events, global markets and ASX300 company announcements, allowing clients to make more informed investment decisions. Email Louis at l.mosmann@kosec.com.au.

Comment on this company

Latest Stories

Newcrest Mining Enjoys Dual Exposure to Copper and Gold

Newcrest Mining (ASX: NCM) is set to enjoy a dual exposure to……

Temple & Webster Group’s Shares Fall on COVID-19 update 

Temple and Webster (ASX: TPW), have opened 3.8 per cent lower……

Seven Group Enters Trading Halt Amid Capital Raising 

Seven Group Holdings (ASX: SVW) has entered a trading Halt following……

More for you

Netwealth Group Reports Exceptional March Quarter

Netwealth Group has released its quarterly business update……

Qantas Provides Vital Market Update on Travel Conditions  

Qantas (ASX: QAN) has today released a market update……

CIMIC Group Strikes Optimistic Tone in AGM

CIMIC Group (ASX:CIM) has released disappointing results in its FY2020 report……

Nickel Mines Forges Ahead with Acquisition of Angel Nickel Project

Nickel Mines (ASX:NIC) announced the completion of a US$175 million…….

Netwealth’s Outlook Remains Positive for FY21 as FUM Grows 

Netwealth (ASX: NWL) shares have surged over 5 per cent……

Cleanaway Shifts its Attention to Sydney Assets Acquisition

Cleanaway Waste Management (ASX:CWY) has issued an update regarding its previously proposed… …

KOSEC Terms & Conditions

Kodari Securities Pty Ltd (CAR 399556) trading as KOSEC is regulated by the Australian Securities and Investment Commission (ASIC). KOSEC is a financial services company and any information provided by its platforms, portals, reports and documents is protected by copyright. Any unauthorised production of this information is prohibited.
KOSEC reserves the right to change or remove any information provided on our website, reports or any documents including these terms and conditions at any time without notice. The change or modification to the terms and conditions will be effective immediately upon posting an updated version on our website, necessary platforms and documents. It is recommended that you review the information provided on our website, including these terms and conditions frequently for any changes.

Disclaimer
KOSEC provides general advice only. The information provided is of a general nature only and does not take into account your individual objectives, financial situation or needs. It should not be used, relied upon, or treated as a substitute for specific professional advice. KOSEC recommends that you obtain your own independent professional advice before making any decision in relation to your particular requirements or circumstances. Please make sure you read our Financial Services Guide (FSG).

KOSEC does not guarantee any returns. Past performance of any product discussed is not indicative of future performance. (We urge that caution should be exercised in assessing past performance. All financial products are subject to market forces and unpredictable events that may adversely affect their future performance). Investing in the stock market can incur huge losses. Please also be aware that fees will incur on every transaction regardless of the performance of your investments or returns generated. Employees and or associates of KOSEC may hold one or more of the stocks, securities or investments reviewed by the company.

Your use of information from our website, reports, documents and from talking to our representatives/associates is at your risk. Under no circumstance should the investment be based solely on KOSEC information and general advice. You should seek professional financial planning advice.
KOSEC aims to maintain the accuracy of the data and information provided on this website, by using information prepared from a wide variety of sources, which KOSEC to the best of its knowledge and belief, considers accurate and does not make any representations or warranties of any kind, expressed or implied, about the completeness, accuracy, reliability, suitability or availability of the information provided.

We may at times refer to third parties, which the details of these third parties have been provided solely for you to obtain further information about other relevant products and entities in the market. KOSEC has no control over the information third parties have, or the products or services offered, and therefore make no representations regarding the accuracy or suitability of such information, products or services. You are advised to make your own enquiries in relation to third parties. Our inclusion of any third party content is not an endorsement of that content or the third party.

Fees
As a client you will be charged a yearly service fee and a set brokerage fee per transaction. Your service fee will automatically renew at the end of your agreed 12 month period at the same rate advertised at the time. Your credit card or bank account will be charged for a further year following which will again auto renew until you cancel your yearly service fee. You can cancel the auto renewal at any time in advance of the renewal date by contacting us. KOSEC is aware of the need to ensure the security of your credit card details and our payment systems are compliant with the Payment Card Industry (PCI) Data Security Standard.

Privacy
You consent to receiving email correspondence from KOSEC, as well as companies KOSEC has an association with. These emails will be sent by KOSEC and third party companies. You can opt out of receiving any category of emails at any time by contacting us. We may from time to time inform you of special offers, or even ask your opinion of the services we provide, but your involvement is optional. Should you request us to do so, we will archive your details.

Indemnity and Liability
You indemnify KOSEC from all claims or threatened claims, suits, demands, damages, costs as well as including legal costs incurred in dealing with any threatened claim, expenses made by any person or corporation against KOSEC and any other amounts which is caused by KOSEC providing information, execution and General Advice.

You hold KOSEC harmless and release it from any liability in respect of any loss, harm or damage arising from a decision made by you on the basis of information obtained through the use of our portal, reports, documents or any General Advice given and any transaction taken place.

You hold KOSEC harmless and release it from any liability in respect of any loss, harm or damage arising from delays in executing orders for the client and acknowledges KOSEC makes no guarantees about the time taken to execute an order on behalf of the client. You acknowledge that KOSEC relies on third parties in providing technology and release KOSEC from any harm, loss or damage you may suffer as a result of the failure of such information technology.

Cookies and Links
KOSEC website, and its portal uses cookies, which lets us identify your browser while you are using the site or our portal. Cookies do not identify you personally. They simply allow us to track your usage patterns. If you prefer not to receive cookies, you can configure your browser to reject them or to notify you when they are being used. The functionality of the KOSEC website may be impacted if you restrict the use of cookies.

Fill up the form below and we will get back to you as soon as possible.

CLAIM YOUR FREE E-BOOK &
7 DAY ACCESS TO LOTUS BLUE

STOCK MARKET SUCCESS

KOSEC’s CEO, Michael Kodari’s new book, “Stock Market Success” valued at $39.95, available at Dymocks book stores with all the proceeds going to Dymocks Children’s Charities.

CLAIM YOUR FREE E-BOOK WHEN YOU LOGIN TO LOTUS BLUE INVESTMENT PORTAL

Latest TV Commercial

1089.00
KOSEC Standard Subscription
2020-10-07T20:27:13+11:00Automattic\WooCommerce\Admin\Overrides\Order Object ( [refunded_line_items:protected] => [status_transition:protected] => [data:protected] => Array ( [parent_id] => 0 [status] => completed [currency] => AUD [version] => 4.6.0 [prices_include_tax] => 1 [date_created] => WC_DateTime Object ( [utc_offset:protected] => 0 [date] => 2020-10-07 20:26:04.000000 [timezone_type] => 3 [timezone] => Australia/Sydney ) [date_modified] => WC_DateTime Object ( [utc_offset:protected] => 0 [date] => 2020-10-28 14:30:12.000000 [timezone_type] => 3 [timezone] => Australia/Sydney ) [discount_total] => 0 [discount_tax] => 0 [shipping_total] => 0 [shipping_tax] => 0 [cart_tax] => 99 [total] => 1089.00 [total_tax] => 99 [customer_id] => 7 [order_key] => wc_order_UgvI2iLzMhNXC [billing] => Array ( [first_name] => Peter [last_name] => Vogeli [company] => [address_1] => 15 Harcourt St [address_2] => [city] => Ashwood [state] => VIC [postcode] => 3147 [country] => [email] => petevogi@gmail.com [phone] => 0419154020 ) [shipping] => Array ( [first_name] => [last_name] => [company] => [address_1] => [address_2] => [city] => [state] => [postcode] => [country] => ) [payment_method] => nab_dp [payment_method_title] => NAB Transact [transaction_id] => 885449 [customer_ip_address] => 60.242.145.246 [customer_user_agent] => Mozilla/5.0 (Windows NT 10.0; Win64; x64) AppleWebKit/537.36 (KHTML, like Gecko) Chrome/85.0.4183.121 Safari/537.36 [created_via] => checkout [customer_note] => [date_completed] => WC_DateTime Object ( [utc_offset:protected] => 0 [date] => 2020-10-28 14:30:12.000000 [timezone_type] => 3 [timezone] => Australia/Sydney ) [date_paid] => WC_DateTime Object ( [utc_offset:protected] => 0 [date] => 2020-10-07 20:27:13.000000 [timezone_type] => 3 [timezone] => Australia/Sydney ) [cart_hash] => 1e64f44f9c7bcc9ea28fcae0b5da7853 ) [items:protected] => Array ( [line_items] => Array ( [650] => WC_Order_Item_Product Object ( [extra_data:protected] => Array ( [product_id] => 0 [variation_id] => 0 [quantity] => 1 [tax_class] => [subtotal] => 0 [subtotal_tax] => 0 [total] => 0 [total_tax] => 0 [taxes] => Array ( [subtotal] => Array ( ) [total] => Array ( ) ) ) [data:protected] => Array ( [order_id] => 51372 [name] => KOSEC Standard Subscription [product_id] => 50873 [variation_id] => 0 [quantity] => 1 [tax_class] => [subtotal] => 990 [subtotal_tax] => 99 [total] => 990 [total_tax] => 99 [taxes] => Array ( [total] => Array ( [1] => 99 ) [subtotal] => Array ( [1] => 99 ) ) ) [cache_group:protected] => order-items [meta_type:protected] => order_item [object_type:protected] => order_item [id:protected] => 650 [changes:protected] => Array ( ) [object_read:protected] => 1 [default_data:protected] => Array ( [order_id] => 0 [name] => [product_id] => 0 [variation_id] => 0 [quantity] => 1 [tax_class] => [subtotal] => 0 [subtotal_tax] => 0 [total] => 0 [total_tax] => 0 [taxes] => Array ( [subtotal] => Array ( ) [total] => Array ( ) ) ) [data_store:protected] => WC_Data_Store Object ( [instance:WC_Data_Store:private] => WC_Order_Item_Product_Data_Store Object ( [internal_meta_keys:protected] => Array ( [0] => _order_id [1] => _name [2] => _product_id [3] => _variation_id [4] => _quantity [5] => _tax_class [6] => _subtotal [7] => _subtotal_tax [8] => _total [9] => _total_tax [10] => _taxes [11] => _product_id [12] => _variation_id [13] => _qty [14] => _tax_class [15] => _line_subtotal [16] => _line_subtotal_tax [17] => _line_total [18] => _line_tax [19] => _line_tax_data ) [meta_type:protected] => order_item [object_id_field_for_meta:protected] => order_item_id [must_exist_meta_keys:protected] => Array ( ) ) [stores:WC_Data_Store:private] => Array ( [coupon] => WC_Coupon_Data_Store_CPT [customer] => WC_Customer_Data_Store [customer-download] => WC_Customer_Download_Data_Store [customer-download-log] => WC_Customer_Download_Log_Data_Store [customer-session] => WC_Customer_Data_Store_Session [order] => WC_Order_Data_Store_CPT [order-refund] => WC_Order_Refund_Data_Store_CPT [order-item] => WC_Order_Item_Data_Store [order-item-coupon] => WC_Order_Item_Coupon_Data_Store [order-item-fee] => WC_Order_Item_Fee_Data_Store [order-item-product] => WC_Order_Item_Product_Data_Store [order-item-shipping] => WC_Order_Item_Shipping_Data_Store [order-item-tax] => WC_Order_Item_Tax_Data_Store [payment-token] => WC_Payment_Token_Data_Store [product] => WC_Product_Data_Store_CPT [product-grouped] => WC_Product_Grouped_Data_Store_CPT [product-variable] => WC_Product_Variable_Data_Store_CPT [product-variation] => WC_Product_Variation_Data_Store_CPT [shipping-zone] => WC_Shipping_Zone_Data_Store [webhook] => WC_Webhook_Data_Store [order-item-line_item_removed] => WC_Order_Item_Product_Data_Store [order-item-line_item_switched] => WC_Order_Item_Product_Data_Store [order-item-coupon_pending_switch] => WC_Order_Item_Coupon_Data_Store [order-item-fee_pending_switch] => WC_Order_Item_Fee_Data_Store [subscription] => WCS_Subscription_Data_Store_CPT [product-variable-subscription] => WCS_Product_Variable_Data_Store_CPT [product-subscription_variation] => WC_Product_Variation_Data_Store_CPT [order-item-line_item_pending_switch] => WC_Order_Item_Product_Data_Store [report-revenue-stats] => Automattic\WooCommerce\Admin\API\Reports\Orders\Stats\DataStore [report-orders] => Automattic\WooCommerce\Admin\API\Reports\Orders\DataStore [report-orders-stats] => Automattic\WooCommerce\Admin\API\Reports\Orders\Stats\DataStore [report-products] => Automattic\WooCommerce\Admin\API\Reports\Products\DataStore [report-variations] => Automattic\WooCommerce\Admin\API\Reports\Variations\DataStore [report-products-stats] => Automattic\WooCommerce\Admin\API\Reports\Products\Stats\DataStore [report-categories] => Automattic\WooCommerce\Admin\API\Reports\Categories\DataStore [report-taxes] => Automattic\WooCommerce\Admin\API\Reports\Taxes\DataStore [report-taxes-stats] => Automattic\WooCommerce\Admin\API\Reports\Taxes\Stats\DataStore [report-coupons] => Automattic\WooCommerce\Admin\API\Reports\Coupons\DataStore [report-coupons-stats] => Automattic\WooCommerce\Admin\API\Reports\Coupons\Stats\DataStore [report-downloads] => Automattic\WooCommerce\Admin\API\Reports\Downloads\DataStore [report-downloads-stats] => Automattic\WooCommerce\Admin\API\Reports\Downloads\Stats\DataStore [admin-note] => Automattic\WooCommerce\Admin\Notes\DataStore [report-customers] => Automattic\WooCommerce\Admin\API\Reports\Customers\DataStore [report-customers-stats] => Automattic\WooCommerce\Admin\API\Reports\Customers\Stats\DataStore [report-stock-stats] => Automattic\WooCommerce\Admin\API\Reports\Stock\Stats\DataStore ) [current_class_name:WC_Data_Store:private] => WC_Order_Item_Product_Data_Store [object_type:WC_Data_Store:private] => order-item-product ) [meta_data:protected] => Array ( ) ) ) ) [items_to_delete:protected] => Array ( ) [cache_group:protected] => orders [data_store_name:protected] => order [object_type:protected] => order [id:protected] => 51372 [changes:protected] => Array ( ) [object_read:protected] => 1 [extra_data:protected] => Array ( ) [default_data:protected] => Array ( [parent_id] => 0 [status] => [currency] => [version] => [prices_include_tax] => [date_created] => [date_modified] => [discount_total] => 0 [discount_tax] => 0 [shipping_total] => 0 [shipping_tax] => 0 [cart_tax] => 0 [total] => 0 [total_tax] => 0 [customer_id] => 0 [order_key] => [billing] => Array ( [first_name] => [last_name] => [company] => [address_1] => [address_2] => [city] => [state] => [postcode] => [country] => [email] => [phone] => ) [shipping] => Array ( [first_name] => [last_name] => [company] => [address_1] => [address_2] => [city] => [state] => [postcode] => [country] => ) [payment_method] => [payment_method_title] => [transaction_id] => [customer_ip_address] => [customer_user_agent] => [created_via] => [customer_note] => [date_completed] => [date_paid] => [cart_hash] => ) [data_store:protected] => WC_Data_Store Object ( [instance:WC_Data_Store:private] => WC_Order_Data_Store_CPT Object ( [internal_meta_keys:protected] => Array ( [0] => _parent_id [1] => _status [2] => _currency [3] => _version [4] => _prices_include_tax [5] => _date_created [6] => _date_modified [7] => _discount_total [8] => _discount_tax [9] => _shipping_total [10] => _shipping_tax [11] => _cart_tax [12] => _total [13] => _total_tax [14] => _customer_id [15] => _order_key [16] => _billing [17] => _shipping [18] => _payment_method [19] => _payment_method_title [20] => _transaction_id [21] => _customer_ip_address [22] => _customer_user_agent [23] => _created_via [24] => _customer_note [25] => _date_completed [26] => _date_paid [27] => _cart_hash [28] => _customer_user [29] => _order_key [30] => _order_currency [31] => _billing_first_name [32] => _billing_last_name [33] => _billing_company [34] => _billing_address_1 [35] => _billing_address_2 [36] => _billing_city [37] => _billing_state [38] => _billing_postcode [39] => _billing_country [40] => _billing_email [41] => _billing_phone [42] => _shipping_first_name [43] => _shipping_last_name [44] => _shipping_company [45] => _shipping_address_1 [46] => _shipping_address_2 [47] => _shipping_city [48] => _shipping_state [49] => _shipping_postcode [50] => _shipping_country [51] => _completed_date [52] => _paid_date [53] => _edit_lock [54] => _edit_last [55] => _cart_discount [56] => _cart_discount_tax [57] => _order_shipping [58] => _order_shipping_tax [59] => _order_tax [60] => _order_total [61] => _payment_method [62] => _payment_method_title [63] => _transaction_id [64] => _customer_ip_address [65] => _customer_user_agent [66] => _created_via [67] => _order_version [68] => _prices_include_tax [69] => _date_completed [70] => _date_paid [71] => _payment_tokens [72] => _billing_address_index [73] => _shipping_address_index [74] => _recorded_sales [75] => _recorded_coupon_usage_counts [76] => _download_permissions_granted [77] => _order_stock_reduced ) [meta_type:protected] => post [object_id_field_for_meta:protected] => [must_exist_meta_keys:protected] => Array ( ) ) [stores:WC_Data_Store:private] => Array ( [coupon] => WC_Coupon_Data_Store_CPT [customer] => WC_Customer_Data_Store [customer-download] => WC_Customer_Download_Data_Store [customer-download-log] => WC_Customer_Download_Log_Data_Store [customer-session] => WC_Customer_Data_Store_Session [order] => WC_Order_Data_Store_CPT [order-refund] => WC_Order_Refund_Data_Store_CPT [order-item] => WC_Order_Item_Data_Store [order-item-coupon] => WC_Order_Item_Coupon_Data_Store [order-item-fee] => WC_Order_Item_Fee_Data_Store [order-item-product] => WC_Order_Item_Product_Data_Store [order-item-shipping] => WC_Order_Item_Shipping_Data_Store [order-item-tax] => WC_Order_Item_Tax_Data_Store [payment-token] => WC_Payment_Token_Data_Store [product] => WC_Product_Data_Store_CPT [product-grouped] => WC_Product_Grouped_Data_Store_CPT [product-variable] => WC_Product_Variable_Data_Store_CPT [product-variation] => WC_Product_Variation_Data_Store_CPT [shipping-zone] => WC_Shipping_Zone_Data_Store [webhook] => WC_Webhook_Data_Store [order-item-line_item_removed] => WC_Order_Item_Product_Data_Store [order-item-line_item_switched] => WC_Order_Item_Product_Data_Store [order-item-coupon_pending_switch] => WC_Order_Item_Coupon_Data_Store [order-item-fee_pending_switch] => WC_Order_Item_Fee_Data_Store [subscription] => WCS_Subscription_Data_Store_CPT [product-variable-subscription] => WCS_Product_Variable_Data_Store_CPT [product-subscription_variation] => WC_Product_Variation_Data_Store_CPT [order-item-line_item_pending_switch] => WC_Order_Item_Product_Data_Store [report-revenue-stats] => Automattic\WooCommerce\Admin\API\Reports\Orders\Stats\DataStore [report-orders] => Automattic\WooCommerce\Admin\API\Reports\Orders\DataStore [report-orders-stats] => Automattic\WooCommerce\Admin\API\Reports\Orders\Stats\DataStore [report-products] => Automattic\WooCommerce\Admin\API\Reports\Products\DataStore [report-variations] => Automattic\WooCommerce\Admin\API\Reports\Variations\DataStore [report-products-stats] => Automattic\WooCommerce\Admin\API\Reports\Products\Stats\DataStore [report-categories] => Automattic\WooCommerce\Admin\API\Reports\Categories\DataStore [report-taxes] => Automattic\WooCommerce\Admin\API\Reports\Taxes\DataStore [report-taxes-stats] => Automattic\WooCommerce\Admin\API\Reports\Taxes\Stats\DataStore [report-coupons] => Automattic\WooCommerce\Admin\API\Reports\Coupons\DataStore [report-coupons-stats] => Automattic\WooCommerce\Admin\API\Reports\Coupons\Stats\DataStore [report-downloads] => Automattic\WooCommerce\Admin\API\Reports\Downloads\DataStore [report-downloads-stats] => Automattic\WooCommerce\Admin\API\Reports\Downloads\Stats\DataStore [admin-note] => Automattic\WooCommerce\Admin\Notes\DataStore [report-customers] => Automattic\WooCommerce\Admin\API\Reports\Customers\DataStore [report-customers-stats] => Automattic\WooCommerce\Admin\API\Reports\Customers\Stats\DataStore [report-stock-stats] => Automattic\WooCommerce\Admin\API\Reports\Stock\Stats\DataStore ) [current_class_name:WC_Data_Store:private] => WC_Order_Data_Store_CPT [object_type:WC_Data_Store:private] => order ) [meta_data:protected] => Array ( [0] => WC_Meta_Data Object ( [current_data:protected] => Array ( [id] => 463790 [key] => is_vat_exempt [value] => no ) [data:protected] => Array ( [id] => 463790 [key] => is_vat_exempt [value] => no ) ) [1] => WC_Meta_Data Object ( [current_data:protected] => Array ( [id] => 463846 [key] => _nab_reference_id [value] => Kodari Securities Pt51372 ) [data:protected] => Array ( [id] => 463846 [key] => _nab_reference_id [value] => Kodari Securities Pt51372 ) ) [2] => WC_Meta_Data Object ( [current_data:protected] => Array ( [id] => 463847 [key] => _nab_crn [value] => WOO51372-1602062768 ) [data:protected] => Array ( [id] => 463847 [key] => _nab_crn [value] => WOO51372-1602062768 ) ) [3] => WC_Meta_Data Object ( [current_data:protected] => Array ( [id] => 463857 [key] => _bewpi_invoice_date [value] => 2020-10-07 19:27:14 ) [data:protected] => Array ( [id] => 463857 [key] => _bewpi_invoice_date [value] => 2020-10-07 19:27:14 ) ) [4] => WC_Meta_Data Object ( [current_data:protected] => Array ( [id] => 463858 [key] => _bewpi_invoice_number [value] => 51372 ) [data:protected] => Array ( [id] => 463858 [key] => _bewpi_invoice_number [value] => 51372 ) ) [5] => WC_Meta_Data Object ( [current_data:protected] => Array ( [id] => 463859 [key] => _bewpi_invoice_pdf_path [value] => 2020/51372.pdf ) [data:protected] => Array ( [id] => 463859 [key] => _bewpi_invoice_pdf_path [value] => 2020/51372.pdf ) ) [6] => WC_Meta_Data Object ( [current_data:protected] => Array ( [id] => 463860 [key] => bewpi_pdf_invoice_sent [value] => 1 ) [data:protected] => Array ( [id] => 463860 [key] => bewpi_pdf_invoice_sent [value] => 1 ) ) [7] => WC_Meta_Data Object ( [current_data:protected] => Array ( [id] => 516479 [key] => dd_owl_post_type [value] => ) [data:protected] => Array ( [id] => 516479 [key] => dd_owl_post_type [value] => ) ) [8] => WC_Meta_Data Object ( [current_data:protected] => Array ( [id] => 516480 [key] => dd_owl_number_posts [value] => ) [data:protected] => Array ( [id] => 516480 [key] => dd_owl_number_posts [value] => ) ) [9] => WC_Meta_Data Object ( [current_data:protected] => Array ( [id] => 516481 [key] => dd_owl_excerpt_more [value] => ) [data:protected] => Array ( [id] => 516481 [key] => dd_owl_excerpt_more [value] => ) ) [10] => WC_Meta_Data Object ( [current_data:protected] => Array ( [id] => 516482 [key] => dd_owl_hide_excerpt_more [value] => ) [data:protected] => Array ( [id] => 516482 [key] => dd_owl_hide_excerpt_more [value] => ) ) [11] => WC_Meta_Data Object ( [current_data:protected] => Array ( [id] => 516483 [key] => dd_owl_loop [value] => ) [data:protected] => Array ( [id] => 516483 [key] => dd_owl_loop [value] => ) ) [12] => WC_Meta_Data Object ( [current_data:protected] => Array ( [id] => 516484 [key] => dd_owl_show_cta [value] => ) [data:protected] => Array ( [id] => 516484 [key] => dd_owl_show_cta [value] => ) ) [13] => WC_Meta_Data Object ( [current_data:protected] => Array ( [id] => 516485 [key] => dd_owl_show_title [value] => ) [data:protected] => Array ( [id] => 516485 [key] => dd_owl_show_title [value] => ) ) [14] => WC_Meta_Data Object ( [current_data:protected] => Array ( [id] => 516486 [key] => dd_owl_title_heading [value] => ) [data:protected] => Array ( [id] => 516486 [key] => dd_owl_title_heading [value] => ) ) [15] => WC_Meta_Data Object ( [current_data:protected] => Array ( [id] => 516487 [key] => dd_owl_center [value] => ) [data:protected] => Array ( [id] => 516487 [key] => dd_owl_center [value] => ) ) [16] => WC_Meta_Data Object ( [current_data:protected] => Array ( [id] => 516488 [key] => dd_owl_mousedrag [value] => ) [data:protected] => Array ( [id] => 516488 [key] => dd_owl_mousedrag [value] => ) ) [17] => WC_Meta_Data Object ( [current_data:protected] => Array ( [id] => 516489 [key] => dd_owl_duration [value] => ) [data:protected] => Array ( [id] => 516489 [key] => dd_owl_duration [value] => ) ) [18] => WC_Meta_Data Object ( [current_data:protected] => Array ( [id] => 516490 [key] => dd_owl_transition [value] => ) [data:protected] => Array ( [id] => 516490 [key] => dd_owl_transition [value] => ) ) [19] => WC_Meta_Data Object ( [current_data:protected] => Array ( [id] => 516491 [key] => dd_owl_stop [value] => ) [data:protected] => Array ( [id] => 516491 [key] => dd_owl_stop [value] => ) ) [20] => WC_Meta_Data Object ( [current_data:protected] => Array ( [id] => 516492 [key] => dd_owl_orderby [value] => ) [data:protected] => Array ( [id] => 516492 [key] => dd_owl_orderby [value] => ) ) [21] => WC_Meta_Data Object ( [current_data:protected] => Array ( [id] => 516493 [key] => dd_owl_navs [value] => ) [data:protected] => Array ( [id] => 516493 [key] => dd_owl_navs [value] => ) ) [22] => WC_Meta_Data Object ( [current_data:protected] => Array ( [id] => 516494 [key] => dd_owl_dots [value] => ) [data:protected] => Array ( [id] => 516494 [key] => dd_owl_dots [value] => ) ) [23] => WC_Meta_Data Object ( [current_data:protected] => Array ( [id] => 516495 [key] => dd_owl_thumbs [value] => ) [data:protected] => Array ( [id] => 516495 [key] => dd_owl_thumbs [value] => ) ) [24] => WC_Meta_Data Object ( [current_data:protected] => Array ( [id] => 516496 [key] => dd_owl_css_id [value] => ) [data:protected] => Array ( [id] => 516496 [key] => dd_owl_css_id [value] => ) ) [25] => WC_Meta_Data Object ( [current_data:protected] => Array ( [id] => 516497 [key] => dd_owl_cta [value] => ) [data:protected] => Array ( [id] => 516497 [key] => dd_owl_cta [value] => ) ) [26] => WC_Meta_Data Object ( [current_data:protected] => Array ( [id] => 516498 [key] => dd_owl_btn_class [value] => ) [data:protected] => Array ( [id] => 516498 [key] => dd_owl_btn_class [value] => ) ) [27] => WC_Meta_Data Object ( [current_data:protected] => Array ( [id] => 516499 [key] => dd_owl_excerpt_length [value] => ) [data:protected] => Array ( [id] => 516499 [key] => dd_owl_excerpt_length [value] => ) ) [28] => WC_Meta_Data Object ( [current_data:protected] => Array ( [id] => 516500 [key] => dd_owl_margin [value] => ) [data:protected] => Array ( [id] => 516500 [key] => dd_owl_margin [value] => ) ) [29] => WC_Meta_Data Object ( [current_data:protected] => Array ( [id] => 516501 [key] => dd_owl_image_options [value] => ) [data:protected] => Array ( [id] => 516501 [key] => dd_owl_image_options [value] => ) ) [30] => WC_Meta_Data Object ( [current_data:protected] => Array ( [id] => 516502 [key] => dd_owl_post_taxonomy_type [value] => ) [data:protected] => Array ( [id] => 516502 [key] => dd_owl_post_taxonomy_type [value] => ) ) [31] => WC_Meta_Data Object ( [current_data:protected] => Array ( [id] => 516503 [key] => dd_owl_post_taxonomy_term [value] => ) [data:protected] => Array ( [id] => 516503 [key] => dd_owl_post_taxonomy_term [value] => ) ) [32] => WC_Meta_Data Object ( [current_data:protected] => Array ( [id] => 516504 [key] => dd_owl_post_ids [value] => ) [data:protected] => Array ( [id] => 516504 [key] => dd_owl_post_ids [value] => ) ) [33] => WC_Meta_Data Object ( [current_data:protected] => Array ( [id] => 516505 [key] => dd_owl_tax_options [value] => ) [data:protected] => Array ( [id] => 516505 [key] => dd_owl_tax_options [value] => ) ) [34] => WC_Meta_Data Object ( [current_data:protected] => Array ( [id] => 516506 [key] => dd_owl_btn_display [value] => ) [data:protected] => Array ( [id] => 516506 [key] => dd_owl_btn_display [value] => ) ) [35] => WC_Meta_Data Object ( [current_data:protected] => Array ( [id] => 516507 [key] => dd_owl_btn_margin [value] => ) [data:protected] => Array ( [id] => 516507 [key] => dd_owl_btn_margin [value] => ) ) [36] => WC_Meta_Data Object ( [current_data:protected] => Array ( [id] => 516508 [key] => dd_owl_img_width [value] => ) [data:protected] => Array ( [id] => 516508 [key] => dd_owl_img_width [value] => ) ) [37] => WC_Meta_Data Object ( [current_data:protected] => Array ( [id] => 516509 [key] => dd_owl_img_height [value] => ) [data:protected] => Array ( [id] => 516509 [key] => dd_owl_img_height [value] => ) ) [38] => WC_Meta_Data Object ( [current_data:protected] => Array ( [id] => 516510 [key] => dd_owl_img_crop [value] => ) [data:protected] => Array ( [id] => 516510 [key] => dd_owl_img_crop [value] => ) ) [39] => WC_Meta_Data Object ( [current_data:protected] => Array ( [id] => 516511 [key] => dd_owl_img_upscale [value] => ) [data:protected] => Array ( [id] => 516511 [key] => dd_owl_img_upscale [value] => ) ) [40] => WC_Meta_Data Object ( [current_data:protected] => Array ( [id] => 516512 [key] => dd_owl_items_width1 [value] => ) [data:protected] => Array ( [id] => 516512 [key] => dd_owl_items_width1 [value] => ) ) [41] => WC_Meta_Data Object ( [current_data:protected] => Array ( [id] => 516513 [key] => dd_owl_items_width2 [value] => ) [data:protected] => Array ( [id] => 516513 [key] => dd_owl_items_width2 [value] => ) ) [42] => WC_Meta_Data Object ( [current_data:protected] => Array ( [id] => 516514 [key] => dd_owl_items_width3 [value] => ) [data:protected] => Array ( [id] => 516514 [key] => dd_owl_items_width3 [value] => ) ) [43] => WC_Meta_Data Object ( [current_data:protected] => Array ( [id] => 516515 [key] => dd_owl_items_width4 [value] => ) [data:protected] => Array ( [id] => 516515 [key] => dd_owl_items_width4 [value] => ) ) [44] => WC_Meta_Data Object ( [current_data:protected] => Array ( [id] => 516516 [key] => dd_owl_items_width5 [value] => ) [data:protected] => Array ( [id] => 516516 [key] => dd_owl_items_width5 [value] => ) ) [45] => WC_Meta_Data Object ( [current_data:protected] => Array ( [id] => 516517 [key] => dd_owl_items_width6 [value] => ) [data:protected] => Array ( [id] => 516517 [key] => dd_owl_items_width6 [value] => ) ) ) )