Brief: Gabriel Holding Unit Buys Fabric Manufacturer In Lithuania

Gabriel Holding A/S

27/12/2018 12:03

Dec 27 (Reuters) - Gabriel Holding A/S  GABR.CO :
    * REG-GABRIEL A/S HAS TODAY ACQUIRED THE SHARE CAPITAL IN THE FABRIC MANUFACTURER UAB
BALTIJOS
TEKSTILĖ IN LITHUANIA
    * PRICE FOR SHARES IS AGREED AT EUR 4 MILLION
    * VIA ACQUISITION GROUP IS EXPECTED TO RECEIVE EXTERNAL TURNOVER OF AROUND EUR 2 MILLION AND
A
PROFIT CONTRIBUTION OF AROUND EUR 0.2 MILLION
    * DEAL DOES NOT CHANGE EXPECTATIONS FOR ENTIRE FINANCIAL YEAR 2018/19

Source text for Eikon:  ID:nGNE6fmzrV 
Further company coverage:  GABR.CO 

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