Brief: Endur's Subsidiary To Acquire Dykab

Endur ASA

21/02/2022 08:13

Feb 21 (Reuters) - Endur ASA  ENDUR.OL :
    * MARCON SECURES STRATEGICALLY IMPORTANT FOOTHOLD IN
NORTHERN
SWEDEN
    * MARCON-GRUPPEN I SVERIGE AB (MARCON) - A WHOLLY OWNED
SUBSIDIARY
OF ENDÚR ASA - HAS ENTERED INTO AN AGREEMENT TO ACQUIRE DYKAB AB
    * INFRASTRUCTURE INVESTMENTS OF MORE THAN SEK 1,000 BILLION
ARE
PLANNED FOR NORTHERN SWEDEN OVER COMING DECADE, WHEREOF
APPROXIMATELY SEK 700 BILLION IN NORRBOTTEN ALONE
    * ACQUISITION OF DYKAB AB PROVIDES A COST-EFFECTIVE PLATFORM
FOR
MARCON TO CAPITALISE ON THIS DEVELOPMENT
    * DYKAB AB EARNED REVENUES OF APPROXIMATELY SEK 20 MILLION
IN 2021
    * AGREED CONSIDERATION FOR ACQUIRING 100 PERCENT OF SHARES
IN
DYKAB AB IS APPROXIMATELY SEK 9 MILLION
    * DYKAB AB EARNED REVENUES OF APPROXIMATELY SEK 20 MILLION
IN 2021

Source text for Eikon:  ID:nObil9s6ba 
Further company coverage:  ENDUR.OL 

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