Brief: BEWI Acquires The Paper Packaging Company Trondhjems Eskefabrikk

Bewi ASA

12/04/2022 07:04

April 12 (Reuters) - Bewi ASA  BEWI.OL :
    * BEWI ACQUIRES THE PAPER PACKAGING COMPANY TRONDHJEMS
ESKEFABRIKK
    * ACQUISITION IS CONDITIONAL UPON CUSTOMARY CONDITIONS, AND
CLOSING IS EXPECTED IN Q2 OF 2022
    * FOR 2021, TRONDHJEMS ESKEFABRIKK HAD A REVENUE OF
APPROXIMATELY
EUR 13.5 MILLION, UP FROM EUR 11.7 MILLION IN 2020
    * TOTAL CONSIDERATION WILL BE SETTLED IN CASH UPON CLOSING
AND IS
IN LINE WITH BEWIS HISTORICAL M&AS, WITH AN EV/EBITDA MULTIPLE
IN RANGE OF 5 TO 7

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

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