Brief: Absolicon: CITRUS Signs Framework Agreement With Co To Acquire Production Line In Mexico

Absolicon Solar Collector AB

16/02/2021 12:39

Feb 16 (Reuters) - Absolicon Solar Collector AB  ABSLC.TE :
    * CITRUS SIGNS FRAMEWORK AGREEMENT WITH ABSOLICON TO ACQUIRE
PRODUCTION LINE IN MEXICO
    * FRAMEWORK AGREEMENT PRESCRIBES PRINCIPLES FOR SEPARATE
AGREEMENTS TO BE DRAWN UP
    * TOTAL SALES VALUE COVERED BY AGREEMENT IS ESTIMATED AT EUR
4-5
MILLION PLUS A MONTHLY LICENSE FEE OF 4% AND SALES OF
COMPONENTS.
    * ABSOLICON SOLAR COLLECTOR AB - ESTIMATES TODAY THAT SALES
VALUE
OF AGREEMENT IS AT LOWER END OF RANGE OF EUR 4-5 MILLION

Source text for Eikon:  ID:nWkr6MMRbq 
Further company coverage:  ABSLC.TE 

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