Brief: Momentum Acquires Hydmos Industriteknik

Momentum AB

12/01/2023 14:08

Jan 12 (Reuters) - Momentum Group AB  MMGRb.ST :
    * ACQUIRES HYDMOS INDUSTRITEKNIK AB – STRENGTHENS ITS
OFFERING IN
AUTOMATION
    * SIGNED AN AGREEMENT TO ACQUIRE 70 PERCENT OF SHARES IN
HYDMOS
INDUSTRITEKNIK AB
    * CLOSING IS EXPECTED TO TAKE PLACE IN FEBRUARY 2023
    * ACQUISITION IS EXPECTED TO HAVE MARGINAL POSITIVE IMPACT
ON
MOMENTUM GROUP'S EARNINGS PER SHARE DURING CURRENT FINANCIAL
YEAR

Source text for Eikon:  ID:nMFNG4M48 
Further company coverage:  MMGRb.ST 
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