Brief: Momentum Acquires Workwear Specialist Raf Romerike Arbeidstøy In Norway

Alligo AB

04/10/2021 08:05

Oct 4 (Reuters) - Momentum Group AB  MMGRb.ST :
    * MOMENTUM GROUP ACQUIRES WORKWEAR SPECIALIST RAF ROMERIKE
ARBEIDSTØY IN NORWAY
    * ALLIGO, A BUSINESS AREA OF MOMENTUM GROUP, HAS ACQUIRED
100 % OF
SHARES IN RAF ROMERIKE ARBEIDSTØY AS
    * ACQUIRED COMPANY HAS AN ANNUAL TURNOVER OF AROUND NOK 16
MILLION
WITH SOLID MARGINS
    * CLOSING TAKES PLACE IMMEDIATELY AND ACQUISITION IS
EXPECTED TO
HAVE A MARGINAL POSITIVE EFFECT ON MOMENTUM GROUP'S EARNINGS PER
SHARE DURING CURRENT FINANCIAL YEAR

Source text for Eikon:  ID:nWkr5plhkt 
Further company coverage:  MMGRb.ST 

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