Brief: Lesjöfors Has Acquired Alcomex, A Leading And Growing European Door And Industrial Springs Manufacturer

Beijer Alma AB

28/07/2021 17:14

July 28 (Reuters) - Beijer Alma AB  BEIAb.ST :
    * LESJÖFORS HAS ACQUIRED ALCOMEX, A LEADING AND GROWING
EUROPEAN
DOOR AND INDUSTRIAL SPRINGS MANUFACTURER
    * BEIJER ALMA AB - BEIJER ALMA'S SUBSIDIARY LESJÖFORS HAS
ACQUIRED
88 PERCENT OF SHARES IN ALCOMEX GROUP
    * BEIJER ALMA AB - PRIVATE EQUITY INVESTOR NORDIAN CAPITAL
IS
SELLING ALL ITS SHARES IN ALCOMEX WITH THIS TRANSACTION
    * BEIJER ALMA AB  BEIAb.ST  - LESJÖFORS HAS ACQUIRED ALCOMEX
FOR A
PURCHASE PRICE OF MEUR 81 ON A CASH AND DEBT FREE BASIS (FOR 100
PERCENT OF GROUP) 
    * BEIJER ALMA AB  BEIAb.ST  - LESJÖFORS WILL FINANCE
PURCHASE
PRICE THROUGH A COMBINATION OF AVAILABLE CREDIT FACILITIES AND
READILY AVAILABLE CASH 
    * BEIJER ALMA AB  BEIAb.ST  - TRANSACTION IS ESTIMATED TO
CONTRIBUTE POSITIVELY TO EPS FOR BEIJER ALMA GROUP 

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

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