Brief: Ringmetall buys clamping ring supplier Latza

Ringmetall SE

31/07/2017 08:53

July 31 (Reuters) - RINGMETALL AG  HP3G.DE : 
    * DGAP-ADHOC: RINGMETALL ACQUIRES INNOVATIVE CLAMPING RING SUPPLIER LATZA 
    * EXPECTED REVENUE CONTRIBUTION OF EUR 4 TO 5 M ANNUALLY, EBITDA MARGIN AT GROUP LEVEL 
    * FIRST-TIME CONSOLIDATION WILL TAKE PLACE AS OF 1 AUGUST 2017 
    * PARTIES CONCERNED HAVE AGREED TO REMAIN SILENCE ABOUT PURCHASE PRICE 
 
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