Brief: Addtech Acquires ABH Stromschienen

Addtech AB

01/10/2021 09:03

Oct 1 (Reuters) - Addtech AB  ADDTb.ST :
    * ADDTECH ACQUIRES ABH STROMSCHIENEN GMBH
    * ADDTECH ELECTRIFICATION, A BUSINESS AREA IN ADDTECH GROUP,
HAS
TODAY SIGNED AN AGREEMENT TO ACQUIRE ALL SHARES OUTSTANDING IN
GERMAN BASED ABH STROMSCHIENEN GMBH
    * CLOSING TAKES PLACE OCTOBER 1
    * ACQUISITION IS EXPECTED TO HAVE A MARGINALLY POSITIVE
EFFECT ON
ADDTECH'S EARNINGS PER SHARE DURING CURRENT FINANCIAL YEAR.

Source text for Eikon:  ID:nWkr5Fcbhr 
Further company coverage:  ADDTb.ST 

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