Brief: Vestum Divests Contracting Companies In Civil Engineering

Cynca Nordic AB (publ)

29/11/2024 14:26

Nov 29 (Reuters) - Vestum AB (publ)  VESTUM.ST :
    * VESTUM INCREASES ITS FOCUS ON CORE BUSINESS - DIVESTS
CONTRACTING COMPANIES IN CIVIL ENGINEERING
    * HAS TODAY ENTERED INTO AN AGREEMENT TO DIVEST 100% OF
SHARES IN
HANELL ENTREPRENAD I GÄVLE AB, MARBIT AB AND FLEXIRAIL AB TO
INFRASTRUCTURE GROUP ELEDA.
    * DIVESTMENTS TO STRENGTHEN EBITA MARGIN TO 10.4%, DECREASE
NET
SALES

Source text:  ID:nMFN78CxGm 
Further company coverage:  VESTUM.ST 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com;))