Brief: Lacroix Group Closes Acquisition Of Firstronic In U.S

Lacroix SA

10/01/2022 17:11

Jan 10 (Reuters) - Lacroix Group SA  LACR.PA :
    * CLOSING OF THE FIRSTRONIC ACQUISITION.
    * LACROIX NOW HOLDS 62% OF CAPITAL OF FIRSTRONIC
    * ANNOUNCES CLOSING OF ACQUISITION OF A MAJORITY STAKE IN
FIRSTRONIC IN US. THIS FOLLOWS ANNOUNCEMENT OF SIGNING OF AN
EXCLUSIVE AGREEMENT DATED DECEMBER 16, 2021(1)
    * IN ACCORDANCE WITH CURRENT ACCOUNTING STANDARDS, LACROIX'S
NEW
AMERICAN SUBSIDIARY WILL BE CONSOLIDATED IN ACCOUNTS AS OF
DECEMBER 31, 2021

Source text for Eikon:  ID:nGNE9dKC8m 
Further company coverage:  LACR.PA 

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