Brief: Lagercrantz Acquires Tebul

Lagercrantz AB

27/09/2022 11:46

Sept 27 (Reuters) - Lagercrantz Group AB  LAGRb.ST :
    * LAGERCRANTZ ACQUIRES TEBUL OY
    * HAS TODAY ACQUIRED 80% OF SHARES IN TEBUL OY, A LEADING
PRODUCER
OF WATERTIGHT ELECTRIC SLIDING DOORS.
    * TEBUL OY WILL BE PART OF INTERNATIONAL DIVISION FROM
SEPTEMBER
2022
    * ACQUISITION IS EXPECTED TO GENERATE A SMALL POSITIVE
CONTRIBUTION TO LAGERCRANTZ GROUP'S EARNINGS PER SHARE ON AN
ANNUAL BASIS.
    * TEBUL IS BASED IN LIETO IN SOUTHWESTERN FINLAND. COMPANY
HAS A
TURNOVER OF AROUND 5 MILLION EUROS WITH GOOD PROFITABILITY

Source text for Eikon:  ID:nWkrc94WW6 
Further company coverage:  LAGRb.ST 
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