Brief: Hexatronic Enters Data Center Market Through U.S. Acquisition

Hexatronic AB

22/09/2021 18:03

Sept 22 (Reuters) - Hexatronic Group AB  HTRO.ST :
    * ENTERS THE DATA CENTER MARKET THROUGH US ACQUISITION
    * SIGNED AN AGREEMENT TO ACQUIRE 100% OF SHARES OF DATA
CENTER
SYSTEMS
    * TOTAL EFFECTIVE ENTERPRISE VALUE WILL BE USD 17.2 MILLION
UP TO
USD 19.9 MILLION INCLUDING PERFORMANCE-BASED CONSIDERATION
    * SELLER OF DCS, KEVIN EHRINGER, WILL REMAIN AS CEO

Source text for Eikon:  ID:nGNEbL9twn 
Further company coverage:  HTRO.ST 

 ((Reuters.Briefs@thomsonreuters.com;))