Brief: Kebni And Solideq Forms Joint Venture To Offer Safety Solution

KebNi AB (publ)

12/01/2023 07:06

Jan 12 (Reuters) - KebNi AB (publ)  KEBNIb.ST :
    * KEBNI AND SOLIDEQ FORMS JOINT VENTURE TO OFFER
GROUNDBREAKING
SAFETY SOLUTION
    * KEBNI AB (PUBL) AND SOLIDEQ GROUP AB TODAY ANNOUNCES THAT
THEY
HAVE ENTERED A 50/50 STAKEHOLDER AGREEMENT TO FORM A JOINT
VENTURE
    * A JOINT VENTURE THAT WILL OFFER A HIGH-TECH PERSONAL
SAFETY
SOLUTION TO GLOBAL SCAFFOLDING MARKET
    * INITIAL CAPITALIZATION FOR JOINT VENTURE IS 5 MSEK PLUS AN
ADDITION OF 5 MSEK
    * VALIDITY OF AGREEMENT IS CONDITIONAL UPON APPROVALS FROM
SOLIDEQ'S OWNER AS WELL AS FINANCING PARTNERS

Source text for Eikon:  ID:nWkr7K6vkG 
Further company coverage:  KEBNIb.ST 
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