Brief: Beijer Alma's Subsidiary Lesjöfors Acquires Tollman Spring

Beijer Alma AB

03/04/2023 14:20

April 3 (Reuters) - Beijer Alma AB  BEIAb.ST :
    * BEIJER ALMA’S SUBSIDIARY LESJÖFORS STRENGTHENS ITS
POSITION IN
THE US BY ACQUIRING TOLLMAN SPRING
    * TRANSACTION IS EXPECTED TO BE EPS ACCRETIVE FOR BEIJER
ALMA UPON
COMPLETION.
    * UP-FRONT PURCHASE PRICE OF USD 22.8M ON A CASH AND
DEBT-FREE
BASIS
    * IN ADDITION TO UP-FRONT PURCHASE PRICE, THERE IS A
CONDITIONAL
PURCHASE PRICE OF UP TO USD 4.0M WITH PAYMENT DEPENDING ON
COMPANY'S PERFORMANCE 2023
    * CLOSING IS EXPECTED WITHIN COMING WEEKS

Source text for Eikon:  ID:nMFN6GmD6z 
Further company coverage:  BEIAb.ST 

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