Brief: Hexatronic Group Acquires USNet And Strengthens Its Position In The US Market Within Data Centers

Hexatronic AB

04/10/2023 17:06

Oct 4 (Reuters) - Hexatronic Group Ab  HTRO.ST :
    * HEXATRONIC GROUP ACQUIRES USNET AND STRENGTHENS ITS
POSITION IN
THE US MARKET WITHIN DATA CENTERS
    * ACQUISITION IS FINANCED WITH AVAILABLE CASH; ACQUISITION
HAS NO
SIGNIFICANT IMPACT ON HEXATRONIC'S EARNINGS
    * HEXATRONIC GROUP - FOLLOWING COMPLETION, HEXATRONIC'S DATA
CENTER BUSINESS WILL INCREASE TO AROUND 6-7 % OF ANNUAL GROUP
SALES, ON A PROFORMA BASIS

Source text for Eikon:  ID:nGNE6n2dd8 
Further company coverage:  HTRO.ST 

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