Brief: Bergman & Beving Acquires H&H Tuonti

Bergman & Beving AB

01/07/2019 13:23

July 1 (Reuters) - Bergman & Beving AB  BERGb.ST :
    * : BERGMAN & BEVING ACQUIRES H&H TUONTI OY
    * : BERGMAN & BEVING ACQUIRES H&H TUONTI OY
    * BUILDING MATERIALS, A DIVISION WITHIN BERGMAN & BEVING
GROUP,
HAS TODAY SIGNED AN AGREEMENT TO ACQUIRE ALL SHARES IN H&H
TUONTI OY.
    * CLOSING IS TAKING EFFECT IMMEDIATELY AND ACQUISITION IS
EXPECTED
TO HAVE A MARGINAL POSITIVE IMPACT ON BERGMAN & BEVING'S
EARNINGS PER SHARE DURING CURRENT FISCAL YEAR
    * CLOSING IS TAKING EFFECT IMMEDIATELY
    * COMPANY HAS A TURNOVER OF APPROXIMATELY 7 MEUR PER YEAR
AND HAS
21 EMPLOYEES
    * H&H HAS A STRONG POSITION WITH A WELL-ESTABLISHED SALES
NETWORK
OF RESELLERS IN FINLAND.

Source text for Eikon:  ID:nGNE24whkv 
Further company coverage:  BERGb.ST 

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