Brief: Greenthesis Buys 80% of 5 Companies Of Gruppo Ethan For Total Value Of EUR 25.3 Mln

Greenthesis SpA

01/02/2024 07:16

Feb 1 (Reuters) - Greenthesis SpA  GTHS.MI :
    * BUYS 80% OF 5 COMPANIES PART OF GRUPPO ETHAN
    * DEAL WORTH EUR 25.3 MILLION
    * FINAL WORTH TO BE DETERMINE UPON COMPANY TARGETS' FUTURE FINANCIAL RESULTS
    * HAS OPTION TO BUY REMAINING 20% STAKE BY H1 2026
    * FIVE COMPANIES ARE EURO VENETA, ECOREX, ELITE AMBIENTE, EMME TRASPORTI SND
EXECO
    * DIRECTOR GENERAL SAYS ACQUISITION ALLOWS TO REACH MEDIUM TERM GOALS


Further company coverage:  GTHS.MI 

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