Brief: Storskogen Acquires Tysse

Storskogen AB (publ)

09/03/2022 12:51

March 9 (Reuters) - Storskogen Group AB (publ)  STORb.ST :
    * STORSKOGEN ACQUIRES TYSSE
    * STORSKOGEN HAS ENTERED INTO AN AGREEMENT TO ACQUIRE SHARES
IN
TYSSE MEKANISKE VERKSTED AS ("TYSSE") VIA ITS SUBSIDIARY
BRENDERUP GROUP
    * TYSSE IS ONE OF LEADING NORWEGIAN MANUFACTURERS AND
SUPPLIERS OF
TRAILERS WITH A REPORTED TURNOVER OF NOK 241M FOR FINANCIAL YEAR
2021
    * TRANSACTION IS SUBJECT TO APPROVAL BY COMPETITION
AUTHORITIES
AND IS EXPECTED TO BE COMPLETED DURING END OF Q1 2022.
    * COMPANY WILL BE PART OF STORSKOGEN'S BUSINESS AREA
INDUSTRY AND
VERTICAL PRODUCTS, FOR WHICH FREDRIK BERGEGÅRD IS RESPONSIBLE.

Source text for Eikon:  ID:nWkrbnSzx0 
Further company coverage:  STORb.ST 

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