Brief: Relais Group Acquires Skeppsbrons Jönköping For SEK 87.3 Mln

Relais Oyj

05/05/2022 09:14

May 5 (Reuters) - Relais Group Oyj  RELAIS.HE :
    * RELAIS GROUP PLC ACQUIRES SKEPPSBRONS JÖNKÖPING AB IN
SWEDEN AND
FURTHER STRENGTHENS ITS POSITION AS THE BIGGEST INDEPENDENT
COMMERCIAL VEHICLE WORKSHOP OPERATOR IN SWEDEN
    * SELLER IS SKEPPSBRONS JÖNKÖPING HOLDING AB
    * CLOSING OF CORPORATE ACQUISITION IS ESTIMATED TO TAKE
PLACE
DURING MAY 2022, PROVIDED THAT CERTAIN CUSTOMARY CONDITIONS FOR
CLOSING OF CORPORATE ACQUISITION ARE MET
    * SKEPPSBRONS NET SALES FOR YEAR 2021 WAS APPROXIMATELY 75.7
MSEK
AND ADJUSTED EBITDA WAS APPROXIMATELY 14.6 MSEK
    * PURCHASE PRICE FOR SHARES OF SKEPPSBRONS IS ESTIMATED TO
BE 87.3
MSEK OF WHICH APPROXIMATELY 14.0 MSEK WILL BE PAID IN NEW RELAIS
SHARES DIRECTED TO BENGT HESTNER, MAJORITY OWNER AND MANAGING
DIRECTOR OF SKEPPSBRONS JÖNKÖPING HOLDING AB

Source text for Eikon:  ID:nWkrb63rsl 
Further company coverage:  RELAIS.HE 

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