Brief: Storskogen Group Acquires 80% In J&D Pierce (Contracts)
15/06/2022 12:52
June 15 (Reuters) - Storskogen Group AB (publ) STORb.ST :
* HAS ACQUIRED 80 PERCENT OF THE SHARES IN J&D PIERCE
(CONTRACTS)
LTD ("JDP"), A LEADING SPECIALIST IN THE MANUFACTURE AND
ERECTION OF STRUCTURAL STEEL IN THE UK
* JDP REPORTED REVENUE OF APPROXIMATELY GBP 86.8 MILLION AND
EBITA
OF APPROXIMATELY GBP 12.9 MILLION, FOR THE FINANCIAL YEAR ENDED
31 JULY 2021
* JDP IS STORSKOGEN'S FIRST ACQUISITION IN SCOTLAND AND
REPRESENTS
A SIGNIFICANT MILESTONE IN THE COMPANY'S EXPANSION IN THE UK
* ACQUISITION WAS SIGNED AND CLOSED ON 14 JUNE 2022
Source text for Eikon: ID:nWkrbV1R2J
Further company coverage: STORb.ST
(Gdansk Newsroom)
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