Brief: AddLife Acquires Bio-Connect Group

AddLife AB

01/09/2021 12:01

Sept 1 (Reuters) - AddLife AB  ALIFb.ST :
    * ADDLIFE ACQUIRES BIO-CONNECT GROUP
    * ADDLIFE ACQUIRES BIO-CONNECT GROUP
    * ADDLIFE AB - BIO-CONNECT IS A DISTRIBUTOR WITH OPERATIONS
IN
BENELUX COUNTRIES IN LIFE SCIENCE AND DIAGNOSTICS, AND HAS A
TURNOVER OF APPROXIMATELY EUR 14 MILLION
    * CLOSING OF ACQUISITION TAKES PLACE AS OF TODAY AND IS
EXPECTED
TO HAVE ONLY A MARGINAL POSITIVE EFFECT ON ADDLIFE'S EARNINGS
PER SHARE IN 2021 FINANCIAL YEAR
    * BIO-CONNECT HAS A TURNOVER OF APPROXIMATELY EUR 14 MILLION
AND
31 EMPLOYEES, BASED IN HUISSEN ( NETHERLANDS) AND BRUSSELS
(BELGIUM)
    * IS CONTINUING ITS EXPANSION IN EUROPE BY ACQUIRING
BIO-CONNECT
GROUP ("BIO-CONNECT"), FOR INCLUSION IN ITS LABTECH BUSINESS
AREA

Source text for Eikon:  ID:nWkr2gc6pZ 
Further company coverage:  ALIFb.ST 

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