Brief: Absolent Group Acquires Kerstar In England
16/07/2019 10:06
July 16 (Reuters) - Absolent Group AB ABSO.ST :
* ABSOLENT GROUP MAKES SIXTH ACQUISITION OF THE YEAR
* PURCHASE PRICE IS 26 MSEK.
* KERSTAR HAS AN ANNUAL TURNOVER OF 30 MSEK AND AN ADJUSTED
EBITDA
MARGIN OF 18%.
* KERSTAR WILL IMMEDIATELY BE CONSOLIDATED INTO ABSOLENT
GROUP.
* ACQUIRES INDUSTRIAL VACUUM CLEANER MANUFACTURER KERSTAR
LTD,
ENGLAND, THROUGH ITS SUBSIDIARY FILTERMIST INTERNATIONAL LTD
Source text for Eikon: ID:nBQN3qzWGx
Further company coverage: ABSO.ST
(Gdynia Newsroom)
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