Brief: Momentum Group Acquires PW Kullagerteknik

Momentum AB

13/02/2024 10:52

Feb 13 (Reuters) - Momentum Group AB  MMGRb.ST :
    * ACQUIRES PW KULLAGERTEKNIK – EXPANDS ITS PRODUCT OFFERING
IN
BALL BEARINGS
    * CLOSING WILL TAKE PLACE IMMEDIATELY
    * HAS TODAY, THROUGH ITS SUBSIDIARY AGERA INDUSTRITILLBEHÖR
AB
(AGERA), SIGNED AN AGREEMENT TO ACQUIRE 100 PER CENT OF SHARES
IN PETER WIECHERT KULLAGERTEKNIK
    * ACQUISITION IS EXPECTED TO HAVE A MARGINAL POSITIVE IMPACT
ON
MOMENTUM GROUP'S EARNINGS PER SHARE DURING CURRENT FINANCIAL
YEAR

Source text for Eikon:  ID:nMFN6HTRd8 
Further company coverage:  MMGRb.ST 

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