Brief: Elanders Makes New Acquisition

Elanders AB

06/07/2021 13:20

July 6 (Reuters) - Elanders AB  ELANb.ST :
    * REG-ELANDERS MAKES NEW ACQUISITION AND CONTINUES TO GROW
IN
ONLINE PRINT
    * ACQUIRED ALL SHARES IN GERMAN DIGITAL PRINT COMPANY
SCHÄTZL
DRUCK & MEDIEN GMBH & CO. KG
    * PURCHASE PRICE WAS MEUR 8 ON A DEBT-FREE BASIS AND IS
EXPECTED
TO NEGATIVELY AFFECT CASH FLOW IN Q3 2021
    * PREVIOUS OWNER CAN ALSO RECEIVE AN ADDITIONAL PURCHASE SUM
IN
YEAR 2024, IF COMPANY CONTINUES TO DEVELOP VERY POSITIVELY IN
NEXT THREE YEARS
    * ACQUISITION COSTS ARE EXPECTED TO AMOUNT TO AROUND MSEK 1

Source text for Eikon:  ID:nGNE81RBqK 
Further company coverage:  ELANb.ST 

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