Brief: Addtech Acquires Kemic Vandrens

Addtech AB

19/12/2023 09:33

Dec 19 (Reuters) - Addtech AB  ADDTb.ST :
    * ADDTECH ACQUIRES KEMIC VANDRENS A/S
    * ADDTECH PROCESS TECHNOLOGY, A BUSINESS AREA IN ADDTECH
GROUP,
HAS TODAY SIGNED AN AGREEMENT TO ACQUIRE 80 % OF SHARES
OUTSTANDING IN KEMIC VANDRENS A/S
    * LOSING WILL TAKE PLACE IN BEGINNING OF JANUARY
    * ACQUISITION IS EXPECTED TO HAVE A MARGINALLY POSITIVE
IMPACT ON
ADDTECH'S EARNINGS PER SHARE DURING CURRENT FINANCIAL YEAR

Source text for Eikon:  ID:nWkrc3w4Jf 
Further company coverage:  ADDTb.ST 

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