Brief: SP Group A/S acquires MedicoPack A/S

SP A/S

14/07/2016 10:53

July 14 (Reuters) - SP Group A/S  SPGP.CO : 
    * SP Group A/S acquires MedicoPack A/S 
    * Has agreed with IEI II ehf, Iceland, to acquire MedicoPack A/S in Langeskov, Funen 
    * Total price includes takeover of debt (enterprise value) up to 32 million Danish crowns  
($4.78 million) 
    * Says Torben Bruhn continues as managing director at MedicoPack 
    * SP Group finances the acquisition of MedicoPack by debt 
    * Outlook for year 2016 is upgraded 
    * Is now expecting 2016 revenue at level of 1,450 - 1,500 million crowns (previously: 1,400 
- 1,450 million crowns) 
    * Now sees 2016 result before taxes and minorities at level of around 100 million crowns 
(previously: at the level of around 100 million crowns) 
 
 
Source text for Eikon:  ID:nCSE6pKD  
     
Further company coverage:  SPGP.CO  
 
($1 = 6.6920 Danish crowns) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))