Brief: Svedbergs Group Expands To Czech Republic Through Acquisition Of Bathroom Group

Svedbergs AB

12/05/2026 11:38

May 12 (Reuters) - Svedbergs Group AB SVEDb.ST:

EXPANDS TO CZECH REPUBLIC THROUGH ACQUISITION OF BATHROOM GROUP UBC S.R.O.

ACQUISITION WILL BE FINANCED THROUGH A COMBINATION OF OWN FUNDS AND BANK FINANCING.

WILL INITIALLY ACQUIRE 80% OF COMPANY, WITH OPPORTUNITY AND PLAN TO ACQUIRE REMAINING 20% WITHIN 3-5 YEARS

PURCHASE PRICE TO BE DETERMINED BASED ON COMPANY'S FINANCIAL PERFORMANCE DURING THAT PERIOD

Source text: ID:nMFN8Q9TZy

Further company coverage: [SVEDb.ST]

 (Gdansk Newsroom)

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