Brief: Svedbergs Acquires Thebalux In Netherlands

Svedbergs AB

27/10/2023 06:37

Oct 27 (Reuters) - Svedbergs Group AB  SVEDb.ST :
    * SVEDBERGS GROUP CONTINUES THE GROWTH JOURNEY – EXPANDING
TO THE
NETHERLANDS THROUGH THE ACQUISITION OF THEBALUX
    * PURCHASE PRICE, BASED ON AN ENTERPRISE VALUE, ON A CASH
AND DEBT
FREE BASIS, OF A MAXIMUM OF EUR 44.5 MILLION
    * AN EARN-OUT OF A MAXIMUM OF EUR 2.7 MILLION (CORRESPONDING
TO
APPROXIMATELY SEK 32 MILLION) HAS BEEN AGREED UPON
    * ACQUISITION IS FINANCED THROUGH EXPANDED CREDIT
FACILITIES.
    * TO CARRY OUT  RIGHTS ISSUE WITH PREFERENTIAL RIGHTS FOR
EXISTING
SHAREHOLDERS OF  UP TO ABOUT SEK 400 MILLION DURING Q1 2024

Source text for Eikon:  ID:nMFN1Kk8XZ 
Further company coverage:  SVEDb.ST 

 (Gdansk Newsroom)
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