Brief: NCAB Acquires Elmatica In Norway

NCAB AB (publ)

19/10/2021 13:01

Oct 19 (Reuters) - NCAB Group AB (publ)  NCAB.ST :
    * NCAB ACQUIRES ELMATICA AS IN NORWAY
    * NCAB HAS TODAY ACQUIRED 100 PERCENT OF SHARES IN NORWEGIAN
COMPANY ELMATICA AS
    * PURCHASE PRICE FOR ELMATICA AMOUNTS TO SEK 315 MILLION
WITH A
POSSIBLE ADDED EARN-OUT PRICE BASED ON RESULTS IN 2021
    * ACQUISITION IS CONSOLIDATED FROM TODAY AND WILL IMPLY AN
INCREASE IN EARNINGS PER SHARE IN NCAB IN 2022

Source text for Eikon:  ID:nMFN5GjpnV 
Further company coverage:  NCAB.ST 

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