Brief: Bewi Acquires Remaining Stake In Jablite Group

Bewi ASA

18/05/2022 14:17

May 18 (Reuters) - Bewi ASA  BEWI.OL :
    * BECOMES 100% OWNER OF LEADING UK BASED INSULATION AND
PACKAGING
COMPANY JABLITE GROUP
    * ACQUIRES AN ADDITIONAL 51 PER CENT OF LEADING UK BASED
INSULATION AND PACKAGING COMPANY JABLITE GROUP
    * JABLITE GROUP ANNUAL TURNOVER OF APPROXIMATELY GBP 40
MILLION
    * TOTAL CONSIDERATION FOR REMAINING 51 PER CENT OF JABLITE
IS
APPROXIMATELY GBP 10 MILLION AND WILL BE SETTLED IN CASH

Source text for Eikon:  ID:nWkr6rXw47 
Further company coverage:  BEWI.OL 

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