Brief: Green Landscaping Acquires Landscaping Co Hermansen Maskin

Green Landscaping AB (publ)

02/12/2021 07:02

Dec 2 (Reuters) - Green Landscaping Group AB  GREENL.ST :
    * GREEN LANDSCAPING GROUP CONTINUES TO GROW IN NORWAY
THROUGH
ACQUISITION OF LANDSCAPING COMPANY HERMANSEN MASKIN AS
    * HAS ACQUIRED HERMANSEN MASKIN AS WITH A TURNOVER OF
APPROXIMATELY NOK 75 MILLION
    * ACQUISITION FURTHER STRENGTHENS OUR MARKET POSITION IN
NORWAY AS
WE ADD ANOTHER QUALITY COMPANY TO GROUP.
    * ACQUISITION OF HERMANSEN MASKIN AS IS GREEN LANDSCAPING
GROUP'S
9TH ACQUISITION IN NORWAY
    * GREEN LANDSCAPING GROUP ACQUIRES 100 PERCENT OF SHARES IN
HERMANSEN MASKIN AS WITH IMMEDIATE ACCESS
    * ACQUISITION IS FINANCED WITHIN EXISTING CREDIT FACILITIES
AND
THROUGH A NON-CASH ISSUE OF OWN SHARES
    * ACQUISITION IS NOT EXPECTED TO HAVE A SIGNIFICANT EFFECT
ON
RESULT FOR 2021

Source text for Eikon:  ID:nWkr1kKKkd 
Further company coverage:  GREENL.ST 

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