Brief: Relatech To Buy BTO Group For EUR 13 Mln

Relatech SPA

28/10/2022 08:30

Oct 28 (Reuters) - Relatech SpA  RLT.MI :
    * SIGNS BINDING AGREEMENT FOR ACQUISITION OF BTO GROUP FOR A
TOTAL
OF EUR 13 MILLION
    * INVESTMENT INCLUDES EUR 6.2 MILLION OF CAPITAL INCREASE,
EUR 5.6
MILLION OF ITS OWN SHARES AND EUR 1.2 MILLION IN CASH
    * WITH THE AGREEMENT RELATECH WILL HOLD 80% OF EXEO'S SHARE
CAPITAL, THE HOLDING COMPANY OF BTO GROUP

Further company coverage:  RLT.MI 
 (Reporting by Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48587720920;))