Brief: Sdiptech Acquires UK-Based JR Industries

Sdiptech AB (publ)

24/01/2024 16:08

Jan 24 (Reuters) - Sdiptech AB (publ)  SDIPb.ST :
    * SDIPTECH ACQUIRES UK-BASED JR INDUSTRIES
    * JR INDUSTRIES LTD HAS AN ANNUAL EBIT OF APPROXIMATELY GBP
4.5
MILLION
    * FOR ACQUISITION, GBP 25.6 MILLION IS PAID ON CLOSING DATE
    * FINANCED WITH OWN FUNDS AND EXISTING CREDIT FACILITY
    * FINAL PURCHASE PRICE, WHICH IS SETTLED AT END OF A
FOUR-YEAR
EARN-OUT PERIOD, DEPENDS ON COMPANY'S EARNINGS DEVELOPMENT

Source text for Eikon:  ID:nGNE4kvrs0 
Further company coverage:  SDIPb.ST 

 (Gdansk Newsroom)
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