Brief: Amica Plans To Acquire Assembly Line In Spain

Amica SA

13/12/2017 06:41

Dec 13 (Reuters) - AMICA SA  AMCP.WA : 
    * SAID ON TUESDAY THAT IT SUBMITTED ON NOV. 30 AN OFFER TO 
ACQUIRE 
AN ASSEMBLY LINE IN SPAIN FROM EDESA INDUSTRIAL S.L.  
    * THE POTENTIAL TAKEOVER OF THE ASSEMBLY LINE FOR LARGE 
HOUSEHOLD 
APPLIANCES WOULD BE UNDERTAKEN FOR 3 MILLION EUROS BY AMICA'S 
UNIT BASED IN SPAIN  
    * ITS UNIT WOULD ALSO RECEIVE THE RIGHT TO SELL AGD 
APPLIANCES 
UNDER THE EDESA BRAND IN SPAIN AND PORTUGAL FOR ADDITIONAL 2 
MILLION EUROS 
    * AMICA PLANS TO FUND THE TRANSACTION OF THE TOTAL VALUE OF 
5 
MILLION EUROS FROM ITS OWN FUNDS 
    * THE OFFER IS VALID UNTIL FEB. 28, 2018 
 
     
 Source text for Eikon:  urn:newsml:reuters.com:*:nEM6btyB0a 
     
 Further company coverage:  AMCP.WA   
    
 
 
 (Gdynia Newsroom) 
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