Brief: Solid Försäkring Acquires Car Protect

Solid FAB

02/12/2022 08:18

Dec 2 (Reuters) - Solid FAB  SFAB.ST :
    * SOLID FÖRSÄKRING ACQUIRES CAR PROTECT AS
    * SELLER IS CEO AND OWNER TORBJØRN LIND, WHO WILL REMAIN
RESPONSIBLE FOR CAR WARRANTY BUSINESS IN NORWAY
    * AMBITION IS FOR SOLID FÖRSÄKRING TO TAKE OVER BUSINESS
FROM 1
JANUARY 2023
    * IN RECENT YEARS, CAR PROTECT AS HAS SHOWN ANNUAL GROWTH IN
WRITTEN PREMIUMS OF APPROX. 20% AND IS EXPECTED TO SHOW GROSS
WRITTEN PREMIUMS OF APPROX. 20,000 KSEK IN 2022

Source text for Eikon:  ID:nMFN2km8RS 
Further company coverage:  SFAB.ST 
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