Brief: Stemmer Imaging Buys Spanish Company Infaimon

Stemmer Imaging AG

22/05/2019 14:09

May 22 (Reuters) - STEMMER IMAGING AG  S9I.DE :
    * EXPANDS ITS INTERNATIONAL PRESENCE WITH ACQUISITION OF
SPANISH
COMPANY INFAIMON S.L.
    * EXPECTS ACQUISITION TO RESULT IN AN ADDITIONAL REVENUE
CONTRIBUTION OF AROUND EUR 18 MILLION
    * EXPECTS ACQUISITION TO RESULT IN AN ADDITIONAL EBITDA
CONTRIBUTION OF AROUND EUR 3 MILLION IN 2019/2020
    * PURCHASE PRICE FOR 100% ACQUISITION OF MACHINE VISION
COMPANY IS
IN LOW TENS OF MILLIONS OF EUROS

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

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