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PRT — Esprinet SpA News Story

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Brief: Esprinet Acquires Vamat For Estimated Maximum Consideration Of EUR 18.0 Mln

Sept 16 (Reuters) - Esprinet SpA PRT.MI:

THE ESPRINET GROUP ACQUIRES VAMAT, DISTRIBUTOR AND SERVICE PROVIDER OF PHOTOVOLTAIC TECHNOLOGIES IN BENELUX AND IRELAND PRT.MI

SIGNS BINDING AGREEMENT FOR ACQUISITION OF 100% OF SHARE CAPITAL OF VAMAT

ESTIMATED MAXIMUM CONSIDERATION OF EUR 18.0 MILLION, SUBJECT TO ADJUSTMENT MECHANISMS

AT CLOSING, EXPECTED IN EARLY OCTOBER, A TOTAL AMOUNT OF EUR 12.6 MILLION WILL BE PAID IN CASH USING AVAILABLE RESOURCES

Further company coverage: PRT.MI

 (Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))

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