Brief: Nordisk Bergteknik Acquires BGS Svensson

Nordisk Bergteknik AB (publ)

30/11/2021 10:09

Nov 30 (Reuters) - Nordisk Bergteknik AB (publ)  NORBb.ST :
    * NORDISK BERGTEKNIK ACQUIRES BGS SVENSSON - FURTHER
STRENGTHENS
THE OFFERING AND MARKET POSITION IN REGION VÄSTRA GÖTALAND
    * BGS SVENSSON WAS FOUNDED IN 2008 AND IS EXPECTED, FOR FULL
YEAR
OF 2021, TO REACH A TURNOVER OF SEK 90-100 MILLION
    * PURCHASE PRICE AMOUNTS TO A MAXIMUM OF SEK 88.2 MILLION
    * BGS SVENSSON WILL BE CONSOLIDATED FROM 30 NOVEMBER 2021
AND
REPORTED IN FOUNDATION SWEDEN SEGMENT
    * ACQUISITION IS EXPECTED TO CONTRIBUTE TO EARNINGS PER
SHARE WITH
APPROXIMATELY SEK 0.20 ON A YEARLY BASIS, BASED ON NUMBER OF
OUTSTANDING SHARES AFTER ACQUISITION.
    * HAS TODAY SIGNED AN AGREEMENT REGARDING ACQUISITION OF ALL
SHARES IN BGS SVENSSON AB, AN ESTABLISHED FOUNDATION SOLUTIONS
COMPANY BASED IN KUNGSHAMN

Source text for Eikon:  ID:nWkr8TBB2p 
Further company coverage:  NORBb.ST 

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