Brief: Gofore Acquires Mangodesign

Gofore Oyj

20/06/2019 10:30

June 20 (Reuters) - Gofore Oyj  GOFORE.HE :
    * REG-GOFORE PLC: GOFORE STRENGHTENS OFFERING IN GERMANY –
INTERNATIONALLY RECOGNIZED DESIGN AGENCY MANGODESIGN JOINS
GOFORE
    * AGREED TO ACQUIRE MANGODESIGN, A GERMAN INTERNATIONALLY
RECOGNIZED DESIGN AGENCY
    * PURCHASE PRICE WILL NOT BE DISCLOSED.
    * MANGODESIGN WILL MERGE ON 1 JULY, 2019 INTO GOFORE GERMANY
GMBH
AND ALL OF MANGODESIGN'S EMPLOYEES WILL CONTINUE AS GOFORE
EMPLOYEES.
    * OWNERSHIP OF MANGODESIGN WILL BE TRANSFERRED TO GOFORE ON
30
JUNE, 2019
    * ACQUISITION INCREASES GOFORE GERMANY GMBH'S NET SALES IN
2019
AND LONG TERM
    * GOFORE DOES NOT ESTIMATE A SUBSTANTIAL IMPACT IN FINANCIAL
FIGURES IN 2019 IN FINANCIAL REPORT OF GOFORE GROUP.
    * MANGODESIGN NET SALES IN 2018 WERE EUR 544,000

Source text for Eikon:  ID:nGNE48GBg9 
Further company coverage:  GOFORE.HE 

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