Brief: Cembre Buys Ikuma KG For EUR 6.3 Mln

Cembre SpA

03/05/2018 12:15

May 3 (Reuters) - CEMBRE SPA  CEMB.MI :
    * BUYS IKUMA GMBH & CO. KG
    * ACQUISITION PRICE IS EQUAL TO EUR 6.3 MILLION IN CASH
    * PURCHASE CONTRACT PROVIDES ALSO FOR ADDITIONAL EUR 2.0 MILLION IF SPECIFIC CONDITIONS ARE
MET
    * IKUMA KG IS ACTIVE ON THE GERMAN MARKET IN THE ELECTRICAL EQUIPMENT SECTOR

Source text for Eikon:  ID:nBIA7qSqFc 
Further company coverage:  CEMB.MI 

 (Gdynia Newsroom)
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))