Brief: Bewi Enters Agreement To Acquire 80% Of Aislenvas

Bewi ASA

28/11/2022 15:04

Nov 28 (Reuters) - Bewi ASA  BEWI.OL :
    * BEWI ANNOUNCES ACQUISITION OF SPANISH INSULATION COMPANY
AISLENVAS
    * HAS ENTERED AN AGREEMENT FOR ACQUISITION OF 80 PER CENT OF
SPANISH INSULATION COMPANY AISLAMIENTOS Y ENVASES, S.L.
    * ACQUISITION IS CONDITIONAL UPON CUSTOMARY CONDITIONS AND
CLOSING
IS EXPECTED TO TAKE PLACE IN Q4 OF 2022
    * FOR 2021, AISLENVAS HAD REVENUES OF APPROXIMATELY EUR 16
MILLION, WITH AN EBITDA OF EUR 3.5 MILLION

Source text for Eikon:  ID:nWkr5NZG6C 
Further company coverage:  BEWI.OL 
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