Brief: Gimv Sold Majority Stake In Köberl Group To B+N

Gimv NV

18/12/2024 06:56

Dec 18 (Reuters) - Gimv NV  GIMV.BR :
    * B+N ACQUIRES KÖBERL GROUP, A LEADING PROVIDER OF FACILITY
MANAGEMENT AND TECHNICAL BUILDING SERVICES, FROM GIMV
    * ARMIN AND KARL KÖBERL, CO-OWNERS AND CO-CEOS, WILL REMAIN
SHAREHOLDERS AND MANAGERS
    * TRANSACTION IS EXPECTED TO CLOSE IN Q1 2025
    * ANTICIPATES A POSITIVE IMPACT OF APPROXIMATELY EUR 1 PER
SHARE
ON NAV AS OF SEPT 30, 2024
    * THE RETURN ACHIEVED SIGNIFICANTLY EXCEEDS GIMV'S LONG-TERM
PORTFOLIO RETURN TARGE

Source text:  ID:nNDL9yJq6P 
Further company coverage:  GIMV.BR 

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