Brief: BEWI Intends To Acquire Scandinavian Paper Packaging Company

Bewi ASA

28/02/2022 07:07

Feb 28 (Reuters) - Bewi ASA  BEWI.OL :
    * BEWI ANNOUNCES INTENTION TO ACQUIRE SCANDINAVIAN PAPER
PACKAGING
COMPANY
    * BEWI ANNOUNCES INTENTION TO ACQUIRE SCANDINAVIAN PAPER
PACKAGING
COMPANY
    * HAS ENTERED A LETTER OF INTENT TO ACQUIRE 100 PER CENT OF
A
LEADING SCANDINAVIAN PAPER PACKAGING COMPANY
    * TARGET COMPANY IS MAINLY MANUFACTURING FIBRE-BASED
PACKAGING
PRODUCTS, WITH AN ANNUAL REVENUE IN RANGE OF EUR 12 TO 14
MILLION, WITH SOLID EBITDA MARGINS IN RANGE OF APPROXIMATELY 18
TO 20 PER CENT
    * CLOSING IS EXPECTED IN Q2 OF 2022

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

 (Gdansk Newsroom)
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