Brief: Bergs Acquires Window And Door Company In The UK

Bergs Timber AB (publ)

23/06/2021 14:33

June 23 (Reuters) - Bergs Timber AB (publ)  BRGb.ST :
    * BERGS ACQUIRES WINDOW AND DOOR COMPANY IN THE UK
    * ACQUISITION IS EXPECTED TO CONTRIBUTE A TURNOVER OF
APPROXIMATELY SEK 250 MILLION PER YEAR AND SHOW AN EBITDA MARGIN
THAT OVER TIME IS IN LINE WITH GROUP'S TARGETS
    * PURCHASE PRICE ON A DEBT-FREE BASIS AMOUNTS TO
APPROXIMATELY SEK
140 MILLION
    * ACQUISITION IS EXPECTED TO MAKE A POSITIVE CONTRIBUTION TO
EARNINGS PER SHARE ALREADY DURING CURRENT YEAR
    * ACQUIRED BRITISH COMPANY PERFORMANCE TIMBER PRODUCTS GROUP

Source text for Eikon:  ID:nWkrm3Bvv 
Further company coverage:  BRGb.ST 

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