Brief: Bilia Acquires Lunds Bil I Varberg

Bilia AB

27/08/2024 14:04

Aug 27 (Reuters) - Bilia AB  BILIa.ST :
    * BILIA ACQUIRES LUNDS BIL I VARBERG AB, A BMW DEALER IN
VARBERG,
SWEDEN
    * DEAL IS EXPECTED TO TAKE PLACE DURING Q1 OF 2025
    * DURING BUSINESS YEAR 2023/24, LUNDS BIL I VARBERG AB'S
TURNOVER
AMOUNTED TO APPROXIMATELY SEK 178 MILLION, WITH AN OPERATING
MARGIN OF 4.5 PERCENT
    * PURCHASE PRICE ON A DEBT AND CASH-FREE BASIS AMOUNTS TO
APPROXIMATELY SEK 90 MILLION AND WILL CONSIST OF CASH AND 28,000
OF BILIA'S OWN SHARES

Source text for Eikon:  ID:nMFN3CG7wh 
Further company coverage:  BILIa.ST 

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