Brief: Munters Acquires Hotraco
Oct 21 (Reuters) - Munters Group AB MTRS.ST :
* ACQUIRES HOTRACO AND STRENGTHENS ITS POSITION IN EUROPE
* ACQUISITION EXPECTED TO BE COMPLETED IN Q4 2024
* DEAL TO BE FINANCED THROUGH EXISTING CREDIT FACILITIES
* HOTRACO'S NET SALES FOR FY 2023 AMOUNTED TO APPROXIMATELY MSEK 465 (MEUR 41)
Source text for Eikon: ID:nWkr8gVwn9
Further company coverage: MTRS.ST
(Gdansk Newsroom)
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