Brief: Addvise Signs LoI To Acquire Diabetic Supplies Inc For $15.8 Mln

ADDvise AB (publ)

17/02/2023 06:43

Feb 17 (Reuters) - ADDvise Group AB (publ)  ADDVa.ST :
    * SIGNS LETTER OF INTENT TO ACQUIRE DIABETIC SUPPLIES INC
    * ACQUISITION OF ALL SHARES IN DIABETIC SUPPLIES
    * DIABETIC SUPPLIES IS BASED IN COLUMBUS, OHIO, USA AND IS A
DISTRIBUTOR OF MEDICAL DEVICES FOR DIABETIC PATIENTS
    * DIABETIC SUPPLIES' REVENUE FOR FULL YEAR 2022 AMOUNTED TO
USD
7.0 MILLION, WITH AN EBITDA OF USD 2.7 MILLION
    * PURCHASE PRICE FOR DIABETIC SUPPLIES AMOUNTS TO A TOTAL OF
USD
15.8 MILLION

Source text for Eikon:  ID:nWkr2wgq3t 
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