Brief: Advent Technologies Says Entered Into A Share Purchase Agreement With F.E.R. Fischer Edelstahlrohre GmbH

Advent Technologies Holdings

25/06/2021 11:41

June 25 (Reuters) - Advent Technologies Holdings Inc
 ADN.O :
    * ADVENT TECHNOLOGIES - ENTERED INTO A SHARE PURCHASE
AGREEMENT
WITH F.E.R. FISCHER EDELSTAHLROHRE GMBH
    * ADVENT TECHNOLOGIES HOLDINGS INC - PURSUANT TO PURCHASE
AGREEMENT, COMPANY WILL ACQUIRE SERENERGY AND FES, FUEL CELL
SYSTEMS BUSINESS OF FISCHER GROUP
    * ADVENT TECHNOLOGIES - CO WILL PAY TO F.E.R. FISCHER
EDELSTAHLROHRE GMBH  EUR 52 MILLION  AS CONSIDERATION FOR
TRANSACTIONS
    * ADVENT TECHNOLOGIES - PURCHASE AGREEMENT ALSO PROVIDES FOR
BUYER
TO ACQUIRE ALL OF ISSUED AND OUTSTANDING EQUITY INTERESTS IN
SERENERGY A/S


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