Brief: BE Group Acquires Hercules Rebar From NCC

BE AB (publ)

25/03/2022 10:32

March 25 (Reuters) - BE Group AB (publ)  BEGR.ST :
    * BE GROUP ACQUIRES HERCULES REBAR FROM NCC
    * HAS ACQUIRED ASSETS OF HERCULES REBAR FACILITY IN
NORRKÖPING
FROM HERCULES GRUNDLÄGGNING AB, A SUBSIDIARY WITHIN NCC
    * TAKE-OVER TAKES PLACE ON MAY 1 AT LATEST AND BUSINESS WILL
BE A
PART OF BE GROUP SVERIGE AB
    * ACQUISITION IS ESTIMATED TO HAVE A MARGINALLY POSITIVE
IMPACT ON
UNDERLYING RESULT FOR 2022.
    * HERCULES REBAR TURNOVER IN 2021 AMOUNTED TO APPROXIMATELY
SEK
140 M

Source text for Eikon:  ID:nWkr3K8lDs 
Further company coverage:  BEGR.ST 

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