Brief: Lucibel Acquires Company Lorenz Light Technic

Lucibel SA

11/04/2019 17:23

April 11 (Reuters) - LUCIBEL SA  ALUCI.PA :
    * ACQUIRES COMPANY LORENZ LIGHT TECHNIC
    * INITIAL PAYMENT OF EUR 1.1 MILLION IN CASH
    * PURCHASE PRICE COMPRISES OF INITIAL PAYMENT AND THREE EARNOUTS BASED ON NET RESULTS OF
LORENZ
LIGHT TECHNIC
    * AIMS AT DOUBLE DIGIT GROWTH IN 2019
    * SEES POSITIVE GROSS OPERATING SURPLUS IN 2019

Source text for Eikon:  ID:nACT57892 
Further company coverage:  ALUCI.PA 

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