Brief: Beijer Alma Unit Expands To Turkey Through Acquisition Of Telform

Beijer Alma AB

15/09/2022 06:33

Sept 15 (Reuters) - Beijer Alma AB  BEIAb.ST :
    * SUBSIDIARY LESJÖFORS EXPANDS TO TURKEY THROUGH THE
ACQUISITION
OF TELFORM
    * LESJÖFORS HAS TODAY SIGNED AN AGREEMENT TO ACQUIRE 100
PERCENT
OF SHARES IN TELFORM, A TURKISH SPRING MANUFACTURER
    * TELFORM HAS AROUND 140 EMPLOYEES AND GENERATES REVENUES OF
ABOUT
EUR 11 MILLION PER ANNUM WITH FAVORABLE PROFITABILITY
    * TRANSACTION IS EXPECTED TO HAVE A MARGINALLY POSITIVE
IMPACT ON
BEIJER ALMA'S EARNING PER SHARE
    * CLOSING IS EXPECTED DURING Q4 2022

Source text for Eikon:  ID:nMFN3Smw7k 
Further company coverage:  BEIAb.ST 

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