Brief: ITAB Acquires Checkmark In Finland

Itab AB

28/02/2022 13:55

Feb 28 (Reuters) - ITAB Shop Concept AB  ITAB.ST :
    * ITAB ACQUIRES CHECKMARK IN FINLAND - STRENGTHENS THE
MARKET
POSITION IN THE NORDICS
    * CHECKMARK IS ONE OF LEADING SUPPLIERS OF RETAIL TECHNOLOGY
SOLUTIONS FOR CHECKOUTS AND STORE GUIDANCE FOR RETAILERS IN
NORDIC REGION
    * CHECKMARK IS HEADQUARTERED IN PIEKSÄMÄKI IN FINLAND WITH
SUBSIDIARIES IN SWEDEN, NORWAY, AND DENMARK AND WITH TOTAL
ANNUAL SALES OF APPROXIMATELY EUR 12 MILLION AND 44 EMPLOYEES
    * CLOSING TAKES EFFECT IMMEDIATELY AND ACQUISITION IS
EXPECTED TO
HAVE A MARGINAL POSITIVE EFFECT ON ITAB'S EARNINGS PER SHARE
DURING CURRENT FINANCIAL YEAR

Source text for Eikon:  ID:nWkr8574gd 
Further company coverage:  ITAB.ST 

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