Brief: Fasadgruppen Acquires Alument

Fasadgruppen AB (publ)

11/12/2023 07:05

Dec 11 (Reuters) - Fasadgruppen Group AB (publ)  FG.ST :
    * CONTINUES TO GROW WITHIN BALCONIES THROUGH ACQUISITION OF
ALUMENT
    * STRENGTHENS ITS DANISH BALCONY BUSINESS THROUGH
ACQUISITION OF
ALUMENTDK APS
    * ACQUISITION OF ALUMENT IS EXPECTED TO BE COMPLETED IN
JANUARY
2024
    * IS USING EXISTING CASH TO FINANCE ACQUISITION
    * SELLER HAS UNDERTAKEN TO RE-INVEST PART OF PURCHASE PRICE
BY
ACQUIRING EXISTING SHARES IN FASADGRUPPEN WITHIN NEXT THREE
MONTHS FOR AN AMOUNT CORRESPONDING TO ABOUT DKK 2 MILLION

Source text for Eikon:  ID:nMFN12y6zJ 
Further company coverage:  FG.ST 

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