Brief: Nordisk Bergteknik Completes Its Largest Acquisition

Nordisk Bergteknik AB (publ)

17/03/2022 08:05

March 17 (Reuters) - Nordisk Bergteknik AB (publ)
 NORBb.ST :
    * NORDISK BERGTEKNIK COMPLETES ITS LARGEST ACQUISITION TO
DATE -
EXPANDS IN THE STOCKHOLM REGION THROUGH ACQUISITIONS OF ROVALIN
AND SOIL MIXING GROUP
    * NORDISK BERGTEKNIK COMPLETES ITS LARGEST ACQUISITION TO
DATE -
EXPANDS IN THE STOCKHOLM REGION THROUGH ACQUISITIONS OF ROVALIN
AND SOIL MIXING GROUP
    * NORDISK BERGTEKNIK AB (PUBL) - HAS TODAY ENTERED INTO AN
AGREEMENT REGARDING ACQUISITION OF ALL SHARES IN INFRASTRUCTURE
GROUP NORDIC AB
    * NORDISK BERGTEKNIK AB (PUBL) - IGN, WHICH HAS A TURNOVER
OF
APPROXIMATELY SEK 420 MILLION WITH GOOD PROFITABILITY, OFFERS
SERVICES PRIMARILY IN FOUNDATION AND SOIL REINFORCEMENT.
    * NORDISK BERGTEKNIK AB (PUBL) - THROUGH ACQUISITION,
NORDISK
BERGTEKNIK EXPANDS IN STOCKHOLM REGION, ONE OF NORDIC REGION'S
LARGEST LOCAL MARKETS IN FOUNDATIONS, AT SAME TIME AS GROUP'S
OFFERING IS COMPLEMENTED AND STRENGTHENED.
    * NORDISK BERGTEKNIK AB (PUBL) - PURCHASE PRICE AMOUNTS TO
SEK 178
MILLION
    * NORDISK BERGTEKNIK AB (PUBL) - ACQUISITION WILL BE
REPORTED IN
FOUNDATION SWEDEN SEGMENT AND IS ASSESSED, BASED ON EXPECTED
NUMBER OF OUTSTANDING SHARES AFTER ACQUISITION, TO ANNUALLY
CONTRIBUTE APPROXIMATELY SEK 0.80 TO EARNINGS PER SHARE.

Source text for Eikon:  ID:nWkrfj5SS 
Further company coverage:  NORBb.ST 

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