Brief: Coor Acquires Centrumstäd

Coor Service Management Holding AB

28/04/2022 07:11

April 28 (Reuters) - Coor Service Management Holding AB
 COOR.ST :
    * COOR ACQUIRES CENTRUMSTÄD
    * TODAY SIGNED AN AGREEMENT RELATING TO ACQUISITION OF
CENTRUMSTÄD, A REPUTABLE CLEANING SERVICES PROVIDER IN SCANIA IN
SOUTHERN SWEDEN
    * PURCHASE CONSIDERATION (ON A CASH AND DEBT FREE BASIS)
AMOUNTS
TO SOME SEK 32 MILLION, CORRESPONDING TO AN EV/EBITA MULTIPLE OF
APPROXIMATELY 5.2X IN RELATION TO CURRENT EBITA
    * TRANSACTION IS EXPECTED TO BE COMPLETED IN BEGINNING OF
MAY 2022

Source text for Eikon:  ID:nWkr8bfzKH 
Further company coverage:  COOR.ST 

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