Brief: DFDS Acquires Estron Group, Dutch Provider Of Road Transport And Warehousing

Dfds A/S

18/07/2023 08:32

July 18 (Reuters) - DFDS AS  DFDS.CO :
    * REG-DFDS EXPANDS TRANSPORT NETWORK IN THE NETHERLANDS
    * ACQUIRED 100% OF SHARE CAPITAL OF ESTRON GROUP, A DUTCH
PROVIDER
OF ROAD TRANSPORT AND WAREHOUSING BASED IN ROTTERDAM
    * COMPANY HAS 130 EMPLOYEES AND ANNUAL REVENUE IN 2022 WAS
EUR 50M
    * CLOSING IS EXPECTED IN Q3 2023.
    * PRICE OF SHARES CORRESPONDS TO A STAND-ALONE ENTERPRISE
VALUE/EBITDA-MULTIPLE OF AROUND 6X EXCLUDING SYNERGIES.

Source text for Eikon:  ID:nGNE75y9s4 
Further company coverage:  DFDS.CO 

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