Brief: AstroNova Strengthens its Position in the Color Digital Package Printing Market with the Acquisition of MTEX NS

AstroNova

09/05/2024 12:47

May 9 (Reuters) - AstroNova Inc  ALOT.O :
    * ASTRONOVA STRENGTHENS ITS POSITION IN THE COLOR DIGITAL
PACKAGE
PRINTING MARKET WITH THE ACQUISITION OF MTEX NS
    * ASTRONOVA INC: PROPOSED DEAL FOR ENTERPRISE VALUE OF EUR
24.3
MILLION
    * ASTRONOVA INC: EXPECTS DEAL TO ADD $8 MILLION TO $10
MILLION IN
REVENUE THIS FISCAL YEAR
    * ASTRONOVA INC - TRANSACTION WAS FUNDED WITH BORROWINGS
FROM AN
AMENDED VERSION OF COMPANY'S EXISTING SENIOR BANK DEBT
FACILITIES.

Source text for Eikon:  ID:nBw579Kx7a 
Further company coverage:  ALOT.O 

 ((Reuters.Briefs@thomsonreuters.com;))