Brief: Nordisk Bergteknik Acquires Snemyr Betongsprøyting

Nordisk Bergteknik AB (publ)

21/06/2022 13:09

June 21 (Reuters) - Nordisk Bergteknik AB (publ)  NORBb.ST :
    * ACQUIRES SNEMYR BETONGSPRØYTING - STRENGTHENS THE OFFER IN
NORWAY
    * THROUGH SUBSIDIARY NORDISK BERGTEKNIK AS ENTERED INTO AN
AGREEMENT REGARDING ACQUISITION OF ALL SHARES IN SNEMYR
BETONGSPRØYTING AS, AN ESTABLISHED PLAYER IN ROCK REINFORCEMENT
    * THROUGH ACQUISITION NORDISK BERGTEKNIK STRENGTHENS ITS
OFFER AND
POSITION IN NORWAY
    * SNEMYR BETONGSPRØYTING AS WAS FOUNDED IN 1979 AND HAD
SALES OF
APPROXIMATELY NOK 80 MILLION IN 2021 WITH VERY GOOD
PROFITABILITY
    * PURCHASE PRICE AMOUNTS TO NOK 60 MILLION
    * ACQUISITION IS EXPECTED TO BE COMPLETED DURING BEGINNING
OF Q4
OF 2022

Source text for Eikon:  ID:nWkr1lCM6D 
Further company coverage:  NORBb.ST 

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