Brief: Saxlund Buys Imus AB

Saxlund AB

13/01/2022 16:10

Jan 13 (Reuters) - Saxlund Group AB  SAXGR.ST :
    * ACQUIRES IMUS AB FOR SEK 7,050,000, CORRESPONDING TO ABOUT SEK 3.6 MILLION ON CASH AND
DEPARTMENT-FREE BASIS
    * POTENTIAL EARN-OUT IS OF UP TO SEK 1 MILLION
    * PAYMENT TO TAKE PLACE IN 15,460,526 NEW SHARES IN SAXLUND
    * ACQUISITION TO RESULT IN ANNUAL INCREASE IN CO'S TURNOVER BY ABOUT SEK 18 MILLION AND
OPERATING
PROFIT ABOUT SEK 2 MILLION

Source text for Eikon:  ID:nMFN6PKKX 
Further company coverage:  SAXGR.ST 

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