Brief: Fasadgruppen Acquires GAJ Stålkonstruktioner

Fasadgruppen AB (publ)

05/04/2022 07:05

April 5 (Reuters) - Fasadgruppen Group AB (publ)  FG.ST :
    * FASADGRUPPEN BROADENS ITS OFFERING WITH STEEL
CONSTRUCTIONS
THROUGH THE ACQUISITION OF GAJ STÅLKONSTRUKTIONER AB
    * GAJ HAS 35 FULL-TIME EMPLOYEES, AND FOR FINANCIAL YEAR
2021, ITS
REVENUES AMOUNTED TO APPROXIMATELY SEK 57 MILLIO
    * 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 SEK 9 MILLION.
    * COMPLETION OF ACQUISITION IS NOT SUBJECT TO ANY
CONDITIONS, AND
GAJ WILL THEREFORE IMMEDIATELY BECOME PART OF FASADGRUPPEN.
    * FASADGRUPPEN IS USING EXISTING CASH TO FINANCE
ACQUISITION.

Source text for Eikon:  ID:nMFN6lzFJ6 
Further company coverage:  FG.ST 

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