Brief: Fasadgruppen Acquires Weldmatic In Denmark

Fasadgruppen AB (publ)

30/06/2023 07:03

June 30 (Reuters) - Fasadgruppen Group AB (publ)
 FG.ST :
    * FASADGRUPPEN STRENGTHENS ITS DANISH BALCONY OPERATIONS
THROUGH
THE ACQUISITION OF WELDMATIC
    * FASADGRUPPEN IS USING EXISTING CASH TO FINANCE ACQUISITION
    * SELLER HAS UNDERTAKEN TO RE-INVEST PART OF PURCHASE PRICE
BY
ACQUIRING EXISTING SHARES IN CO WITHIN NEXT THREE MONTHS, FOR AN
AMOUNT CORRESPONDING TO DKK 5 MILLION
    * ACQUISITION OF WELDMATIC IS EXPECTED TO BE COMPLETED IN
JULY
2023

Source text for Eikon:  ID:nMFN6s1jb1 
Further company coverage:  FG.ST 

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