Brief: Note Acquires Modern Electronics Plant In Bulgaria

Note AB (publ)

13/04/2023 12:07

April 13 (Reuters) - Note AB (publ)  NOTE.ST :
    * NOTE ACQUIRES MODERN ELECTRONICS PLANT IN BULGARIA
    * GETS ITS SECOND PLANT IN EASTERN EUROPE
    * PLANT IN BULGARIA IS EXPECTED TO MEET A RAPIDLY GROWING
NEED FOR
COST-EFFECTIVE PRODUCTION CLOSE TO CUSTOMERS IN EUROPE
    * ATM SALES AMOUNT TO APPROXIMATELY SEK 40 MILLION ON AN
ANNUAL
BASIS WITH AN OPERATING MARGIN OF APPROXIMATELY 8%
    * PURCHASE PRICE, AFTER DEDUCTIONS FOR EXISTING DEBTS,
AMOUNTS TO
APPROXIMATELY SEK 36 MILLION
    * NUMBER OF EMPLOYEES AMOUNTS TO APPROXIMATELY 80

Source text for Eikon:  ID:nWkrnLPjd 
Further company coverage:  NOTE.ST 

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