Brief: Norva24 Acquires ControTech, Baier

Norva24 AB (publ)

09/11/2023 12:27

Nov 9 (Reuters) - Norva24 Group AB (publ)  NORVA.ST :
    * NORVA24 CONTINUES STRATEGIC EXPANSION IN SWEDEN AND
GERMANY
THROUGH THE ACQUISITIONS OF CONTROTECH AND BAIER
    * TRANSACTION TO ACQUIRE 100% OF SHARES OF CONTROTECH WAS
SIGNED
TODAY
    * CLOSING OF BAIER ACQUISITION EXPECTED IN Q4 2023
    * ACQUISITIONS ARE PRIMARILY FINANCED BY CO'S EXISTING
CREDIT
FACILITY

Source text for Eikon:  ID:nMFN1Xh5wd 
Further company coverage:  NORVA.ST 

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