Brief: Inin Group's Subsidiary To Acquire Swedish Inspection Company

Inin AS

03/04/2023 14:57

April 3 (Reuters) - Inin Group AS  ININ.OL :
    * ININ GROUP AS: SUBSIDIARY TO ACQUIRE SWEDISH INSPECTION
COMPANY
    * SUBSIDIARY NORDIC INSPEKT GROUP SIGNED AGREEMENT TO
ACQUIRE
SWEDISH NON-DESTRUCTIVE TESTING (NDT) COMPANY TRYGG INSPECTION
AB
    * TRYGG INSPECTION HAVE HAD A GOOD START IN 2023 AND EXPECT
TO
REACH A REVENUE OF SEK 8,5 MILLION IN 2023 WITH AN EXPECTED EBIT
OF SEK 1,7 MILLION
    * NORDIC INSPECT GROUP ACQUIRES 100 PERCENT OF SHARES IN
TRYGG
INSPECTION AB, WHICH IS VALUED AT SEK 5 470 566 IN TRANSACTION
    * TRANSACTION WILL BE SETTLED WITH 18,7% IN CASH AND 81,3%
IN
SHARES IN NORDIC INSPEKT GROUP AB
    * CLOSING OF TRANSACTION IS EXPECTED IN APRIL 2023

Source text for Eikon:  ID:nObi91DTRa 
Further company coverage:  ININ.OL 

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