Brief: Fasadgruppen Expands In Denmark Through Acquisition Of Kjær Knudsen

Fasadgruppen AB (publ)

01/04/2022 08:32

April 1 (Reuters) - Fasadgruppen Group AB (publ)  FG.ST :
    * FASADGRUPPEN EXPANDS IN DENMARK THROUGH THE ACQUISITION OF
KJÆR
KNUDSEN
    * PURCHASE PRICE CONSISTS OF CASH AND A SO-CALLED VENDOR
NOTE OF
DKK 17 MILLION (CORRESPONDING TO APPROX. SEK 23.6 MILLION),
WHICH SELLERS OF KJÆR KNUDSEN HAVE AGREED TO SET OFF AGAINST NEW
SHARES IN FASADGRUPPEN FOLLOWING COMPLETION OF ACQUISITION
    * WILL FINANCE CASH PART OF PURCHASE PRICE WITH EXISTING
CASH
    * ACQUISITION OF KJÆR KNUDSEN IS EXPECTED TO BE COMPLETED
DURING
APRIL 2022

Source text for Eikon:  ID:nMFN5pP45t 
Further company coverage:  FG.ST 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))