Brief: Absolent Group Acquires DCS Group Of Companies In UK
31/01/2019 09:55
Jan 31 (Reuters) - Absolent Group AB ABSO.ST :
* ABSOLENT GROUP ACQUIRES DCS GROUP OF COMPANIES IN THE UK
* ACQUISITION PRICE IS GBP 6,6 MILLION
* PRIVATELY HELD GROUP, WITH A CONSOLIDATED TURNOVER OF GBP
11,4
MILLION
* ACQUISITION WILL SIGNIFICANTLY ENHANCE ABSOLENT GROUP'S
PRESENCE
IN DUST AND FUME EXTRACTION MARKET
* ACQUISITION IS FINANCED BY CASH AND IS EXPECTED TO HAVE A
POSITIVE IMPACT ON EARNINGS PER SHARE.
* DCS WILL WITH IMMEDIATE EFFECT BE INTEGRATED AND
CONSOLIDATED
INTO ABSOLENT GROUP
Source text for Eikon: ID:nBQN2SZpwH
Further company coverage: ABSO.ST
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