Brief: Lagercrantz Acquires Waterproof Diving International AB

Lagercrantz AB

08/09/2022 10:01

Sept 8 (Reuters) - Lagercrantz Group AB  LAGRb.ST :
    * LAGERCRANTZ ACQUIRES WATERPROOF DIVING INTERNATIONAL AB
    * HAS TODAY ACQUIRED 93% OF SHARES IN WATERPROOF DIVING
INTERNATIONAL AB.
    * ACQUISITION IS EXPECTED TO GENERATE A SMALL POSITIVE
CONTRIBUTION TO LAGERCRANTZ GROUP'S EARNINGS PER SHARE ON AN
ANNUAL BASIS.
    * WATERPROOF DIVING INTERNATIONAL WILL BE PART OF NICHE
PRODUCTS
DIVISION FROM SEPTEMBER 2022.
    * WATERPROOF GENERATES ANNUAL REVENUE OF AROUND MSEK 90 WITH
GOOD
PROFITABILITY

Source text for Eikon:  ID:nWkr9FNvDV 
Further company coverage:  LAGRb.ST 

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