Brief: Bewi To Merge Traded Food Packaging Business With Stok Emballage

Bewi ASA

24/10/2024 08:32

Oct 24 (Reuters) - Bewi ASA  BEWI.OL :
    * TO MERGE TRADED FOOD PACKAGING BUSINESS WITH STOK
EMBALLAGE
    * TO RECEIVE EUR 20 MILLION CASH AND 15% OWNERSHIP IN
COMBINED
ENTITY
    * TRADED FOOD PACKAGING BUSINESS HAS NET SALES OF EUR 75
MILLION
    * COMBINED COMPANY TO HAVE ANNUAL SALES OF CLOSE TO EUR 190
MILLION
    * TRANSACTION EXPECTED TO CLOSE IN Q4 2024 OR Q1 2025

Source text for Eikon:  ID:nObilQbC7a 
Further company coverage:  BEWI.OL 

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