Brief: Aspo's Subsidiary Telko Acquires Eltrex, Polish Chemicals Distribution Company

Aspo Oyj

31/01/2023 15:48

Jan 31 (Reuters) - Aspo Oyj  ASPO.HE :
    * ASPO’S SUBSIDIARY TELKO ACQUIRES ELTREX, A POLISH
CHEMICALS
DISTRIBUTION COMPANY
    * ASPO’S SUBSIDIARY TELKO ACQUIRES ELTREX, A POLISH
CHEMICALS
DISTRIBUTION COMPANY
    * ACQUISITION DOES NOT REQUIRE AN APPROVAL FROM COMPETITION
AUTHORITIES.
    * TELKO ALREADY HAS PLASTICS DISTRIBUTION IN POLAND, BUT NO
SIGNIFICANT BUSINESS IN CHEMICALS BEFORE THIS TRANSACTION.
    * ELTREX ANNUAL NET SALES ARE APPROXIMATELY 8 MILLION EUROS
AND
OPERATING PROFIT SLIGHTLY UNDER ONE MILLION EUROS.

Source text for Eikon:  ID:nGNEbzkjPg 
Further company coverage:  ASPO.HE 
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