Brief: Link Mobility Acquires Labsmobile In Spain
05/10/2026 07:02
BRIEF-Link Mobility Acquires Labsmobile In Spain Oct 5 (Reuters) - Link Mobility Group Holding ASA LINK.OL:
LINK ACQUIRES LABSMOBILE TO STRENGTHEN POSITION IN SPAIN AND EXPAND PRESENCE IN LATIN AMERICA
TRANSACTION CORRESPONDS TO AN EV/FY25 ADJUSTED EBITDA MULTIPLE OF APPROXIMATELY 6.5X.
EXPECTS TO BENEFIT FROM PROCUREMENT AND ROUTING OPTIMIZATION OPPORTUNITIES, SUPPORTING FURTHER MARGIN EXPANSION
LINK HAS ACQUIRED LABSMOBILE FOR A CASH CONSIDERATION OF EUR 2.4 MILLION
LABSMOBILE DEMONSTRATED STRONG GROWTH OVER RECENT YEARS AND IS EXPECTED TO ACHIEVE A GROSS PROFIT CAGR OF 37% FROM 2023 TO 2026
Source text: ID:nObikt8RCa
Further company coverage: LINK.OL
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