Brief: Salix Group Acquires Arvid Nilsson
BRIEF-Salix Group Acquires Arvid Nilsson Aug 18 (Reuters) - Salix Group AB SALIX.ST:
SALIX GROUP ACQUIRES ARVID NILSSON
SIGNS AGREEMENT TO BUY ALL SHARES IN ARVID NILSSON
ACQUISITION IS ADD-ON TO CONSUMABLES TRADE & AGRICULTURE, COMPLEMENTS HECO OPERATIONS
ARVID NILSSON GENERATED SEK 250 MILLION NET SALES IN 2025 WITH 8% EBITA MARGIN
ARVID NILSSON TO OPERATE AS INDEPENDENT SISTER COMPANY TO HECO
ACQUISITION IS FINANCED THROUGH EXISTING CREDIT FACILITIES, AND CLOSING IS EXPECTED TO TAKE PLACE IN Q3 2026.
IN LONG TERM, ACQUISITION IS EXPECTED TO CONTRIBUTE TO AN IMPROVEMENT IN GROUP'S MARGINS.
Source text: ID:nMFN9ZWvlH
Further company coverage: SALIX.ST
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