Brief: Nordic Waterproofing To Acquire Seikat Oy In Finland

Nordic Waterproofing Holding AB

10/03/2021 12:04

March 10 (Reuters) - Nordic Waterproofing Holding AB
 NWHD.ST :
    * NORDIC WATERPROOFING SIGNS AN AGREEMENT TO ACQUIRE SEIKAT
OY IN
FINLAND, A COMPANY SUPPLYING LONG-SPAN WOODEN PREFABRICATED
ELEMENTS
    * SEIKAT HAS 21 EMPLOYEES AND AN ANNUAL TURNOVER OF CA EUR 4
M
    * CLOSING IS SCHEDULED TO TAKE PLACE ON 1 APRIL 2021 WHEN
84% OF
SHARES WILL BE ACQUIRED.
    * ACQUISITION IS FINANCED THROUGH NORDIC WATERPROOFING'S
EXISTING
CREDIT FACILITIES.
    * NORDIC WATERPROOFING HOLDING AB - ACQUISITION TO HAVE A
MINOR
POSITIVE EFFECT ON EARNINGS PER SHARE IN 2021 WITHIN SEGMENT
PRODUCTS & SOLUTIONS

Source text for Eikon:  ID:nWkrp2D5H 
Further company coverage:  NWHD.ST 

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