Brief: Gränges Signs Agreement To Acquire Remaining 49 Per Cent Of GETEK GmbH And The Business Dispal

Granges AB

17/09/2020 15:47

Sept 17 (Reuters) - Granges AB  GRANG.ST :
    * GRÄNGES HAS SIGNED AN AGREEMENT TO ACQUIRE REMAINING 49
PER CENT
OF GETEK GMBH AND THE BUSINESS DISPAL®
    * GETEK ACQUISITION IS EXPECTED TO BE COMPLETED IN Q4 2020
AND
ACQUISITION OF BUSINESS DISPAL(®) IS EXPECTED TO BE COMPLETED IN
Q1 2021.
    * TO ACQUIRE REMAINING SHARES FOR EUR 8.5 MILLION FROM
ERBSLÖH
ALUMINIUM GMBH, A WKW.GROUP COMPANY
    * TRANSACTION IS EXPECTED TO HAVE A NEUTRAL EFFECT ON
GRÄNGES'
EARNINGS PER SHARE

Source text for Eikon:  ID:nWkrMkfqt 
Further company coverage:  GRANG.ST 

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