Brief: Absolicon Sells Production Line In South Africa

Absolicon Solar Collector AB

17/06/2019 12:39

June 17 (Reuters) - Absolicon Solar Collector AB  ABSLC.TE :
    * SIGNS FRAMEWORK AGREEMENT FOR ACQUISITION OF PRODUCTION
LINE IN
SOUTH AFRICA
    * SALES VALUE COVERED BY AGREEMENT IS APPROX. EUR 4 MILLION
(APPROX. SEK 40 MILLION) PLUS MONTHLY LICENSE FEE OF 4% AND
SALES OF COMPONENTS
    * FRAMEWORK AGREEMENT SIGNED WITH GREENLINE AFRICA WHICH
WILL
ACQUIRE PRODUCTION LINE FROM ABSOLICON

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

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