Brief: Arbonia AG Signs Agreement To Purchase Cirelius SA
06/12/2022 06:05
Dec 6 (Reuters) - Arbonia AG ARBNO.S :
* ARBONIA HAS SIGNED AN AGREEMENT TO PURCHASE 100 % OF
SHARES IN
PORTUGUESE HVAC DISTRIBUTION COMPANY CIRELIUS S.A
* FOR HVAC DIVISION, THIS ACQUISITION MEANS A SIGNIFICANT
STRENGTHENING OF ITS ACTIVITIES IN PORTUGUESE AND SPANISH
MARKETS
* ACQUISITION WILL BE FINANCED FROM AVAILABLE FUNDS AND WILL
HAVE
A POSITIVE IMPACT ON ARBONIA'S EARNINGS PER SHARE ALREADY IN
2023 FINANCIAL YEAR BEFORE POSSIBLE SYNERGIES
Further company coverage: ARBNO.S
(Reporting by Berlin Newsroom)
((berlin.newsroom@thomsonreuters.com;))
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