Brief: Stemmer Imaging Acquires Elvitec S.A.S.

Stemmer Imaging AG

10/07/2018 15:17

July 10 (Reuters) - Stemmer Imaging AG  S9I.DE :
    * DGAP-ADHOC: STEMMER IMAGING AG ACQUIRES ELVITEC S.A.S.
    * EXPECTS ACQUISITION TO RESULT IN AN ANTICIPATED ADDITIONAL REVENUE CONTRIBUTION OF AROUND
EUR 9
MILLION
    * EXPECTS ACQUISITION TO RESULT IN AN EBITDA MARGIN AT ELVITEC OF AROUND 11 PERCENT IN FY
2018/2019
    * BOTH PARTIES HAVE INITIALLY AGREED NOT TO DISCLOSE PURCHASE PRICE

Source text for Eikon:  ID:nEQbbdKcBa 
Further company coverage:  S9I.DE 

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