Brief: Onde To Acquire 100% Of Olmex For Base Price Of 38 Mln Zlotys

Onde SA

31/07/2026 15:12

July 31 (Reuters) - Onde SA ONDP.WA:
SIGNS PRELIMINARY AGREEMENT TO ACQUIRE 100% OF OLMEX SA FOR BASE PRICE OF 38 MILLION ZLOTYS
DEAL IS CONDITIONAL UPON OBTAINING APPROVAL FROM POLAND'S COMPETITION AUTHORITY UOKIK
SELLER ENTITLED TO EARN-OUT OF ABOUT 7.6 MILLION TO 10.3 MILLION ZLOTYS BASED ON OLMEX FINANCIAL RESULTS OVER 36 MONTHS
TO ALSO ACQUIRE OLMEX KMB ENTERPRISE AS PART OF TRANSACTION AND BASE PRICE
OLMEX OPERATES IN POWER SECTOR, PROVIDING POWER EQUIPMENT AND CONSTRUCTING TRANSMISSION STATIONS AND LINES
SIGNS ACQUISITION LOAN AGREEMENT WITH MBANK FOR UP TO 40 MILLION ZLOTYS TO FINANCE OLMEX ACQUISITION
LOAN HAS 7-YEAR REPAYMENT PERIOD UNTIL 2033 AND INTEREST RATE TO BE BASED ON WIBOR 3M PLUS BANK'S MARGIN
Source text: [ID:]
Further company coverage: ONDP.WA

 (Reporting by Gdansk Newsroom)
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