Brief: Alimak Acquires Pro-Bel In Canada
BRIEF-Alimak Acquires Pro-Bel In Canada July 16 (Reuters) - Alimak Group AB (publ) ALIG.ST:
SAID ON WEDNESDAY ACQUIRES PRO-BEL AND TAKES ANOTHER STEP IN THE GROUP’S NEW HEIGHTS STRATEGY
PRO-BEL IS NORTH AMERICAN PROVIDER OF SUSPENDED ACCESS AND FALL PROTECTION SOLUTIONS
MCAD 177 TO BE PAID AT CLOSING, MCAD 23 AFTER 18 MONTHS
ACQUISITION TO TEMPORARILY INCREASE NET DEBT TO EBITDA ABOVE 2.5X TARGET
DEAL CLOSING EXPECTED IN JULY 2026
Source text: ID:nMFN1MTTgJ
Further company coverage: ALIG.ST
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