Brief: Munters Signs Agreement To Acquire Zeco

Munters AB

04/09/2023 08:33

Sept 4 (Reuters) - Munters Group AB  MTRS.ST :
    * SIGNS AN AGREEMENT TO ACQUIRE ZECO AND STRENGTHENS ITS
MARKET
POSITION IN INDIA
    * HAS SIGNED AN AGREEMENT TO ACQUIRE ZECO, AN INDIAN
MANUFACTURER
OF AIR TREATMENT SOLUTIONS
    * ACQUIRES ZECO FOR AN ESTIMATED ENTERPRISE VALUE OF SEK 790
MLN
    * CLOSING OF ACQUISITION IS SUBJECT TO CUSTOMARY CLOSING
CONDITIONS APPLICABLE IN INDIA
    * DEAL IS EXPECTED TO BE COMPLETED BEFORE YEAR-END CLOSING

Source text for Eikon:  ID:nWkr1c36gR 
Further company coverage:  MTRS.ST 

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