Brief: Grifal Approves Prelim. Deal To Buy New Area To Expand Cologno Al Serio Production Site

Grifal SpA

15/06/2021 06:47

June 15 (Reuters) - Grifal SpA  GRALA.MI :
    * SAID ON MONDAY IT HAD APPROVED PRELIM DEAL TO BUY NEW AREA
TO
EXPAND THE PRODUCTION SITE OF COLOGNO AL SERIO
    * PRICE OF AREA IS EQUAL TO TOTAL OF EUR 1.9 MLN 
    * EXPECTS CONSTRUCTION WORKS TO START BY OCTOBER AND BE
COMPLETED
IN H1 2022

    
    
 Source text for Eikon:  urn:newsml:reuters.com:*:nBIAj819l
    
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