Brief: Idun Industrier Acquires ElektroTermo

Idun Industrier AB (publ)

19/01/2023 07:55

Jan 19 (Reuters) - Idun Industrier AB  IDUN.ST :
    * SAID ON WEDNESDAY, IDUN INDUSTRIER, THROUGH CULINA
PRODUCTS, HAS
ACQUIRED 100% OF SHARES IN ELEKTROTERMO, UV TECH, AGRUM  
    * COMPANIES WILL CONTINUE TO BE RUN BY SAME PEOPLE WITH
TOBIAS
LINDQVIST AS CEO
    * ACQUISITION WAS MADE WITH CASH PAYMENT OF SEK 23 MLN AND
OPERATING VALUE OF ABOUT SEK 30 MLN, INCLUDING PROPERTY OF MORE
THAN 4,000 SQUARE METRES
    * FINANCING IS THROUGH BANK FINANCING
    * ACQUISITION TAKES PLACE IMMEDIATELY AND IS EXPECTED TO
HAVE A
MARGINALLY POSITIVE IMPACT ON IDUN'S 2023 RESULTS 

        
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