Brief: Sdiptech Acquires IDE Systems

Sdiptech AB (publ)

03/09/2021 13:55

Sept 3 (Reuters) - Sdiptech AB (publ)  SDIPb.ST :
    * REG-SDIPTECH ACQUIRES IDE SYSTEMS
    * REG-SDIPTECH ACQUIRES IDE SYSTEMS
    * ACQUIRES ALL SHARES IN WAKE POWER DISTRIBUTION LTD, SOLE
OWNER
OF IDE SYSTEMS AND IDE RENTAL (IDE)
    * IDE IS SDIPTECH'S NINTH UK BUSINESS UNIT AND WILL BE
INCLUDED IN
BUSINESS AREA WATER & ENERGY AS OF SEPTEMBER 2021
    * IDE HAS  ANNUAL SALES OF APPROXIMATELY GBP 8.0 MILLION,
WITH AN
EBIT PROFITABILITY OF APPROXIMATELY GBP 1.9 MILLION.

Source text for Eikon:  ID:nGNE9rvhG6 
Further company coverage:  SDIPb.ST 

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