Brief: Swedencare AB Acquires Custom Vet Products Ltd

Swedencare AB (publ)

01/11/2022 12:11

Nov 1 (Reuters) - Swedencare AB (publ)  SECARE.ST :
    * SWEDENCARE AB (PUBL) ACQUIRES UK BASED CUSTOM VET PRODUCTS
LTD
    * PURCHASE PRICE AMOUNTS TO APPROXIMATELY GBP 10.56 MILLION
(APPROXIMATELY SEK 137.22 MILLION)
    * OFFER CONSISTS OF A CASH AMOUNT OF ABOUT GBP 8.45 MILLION
AND AN
ISSUE IN KIND OF 620,095 SHARES IN SWEDENCARE, REPRESENTING
APPROXIMATELY GBP 2.11 MILLION
    * THROUGH ACQUISITION SWEDENCARE WILL RECEIVE A STRONG
PRESENCE
WITHIN MANUFACTURING AND DEVELOPMENT OF PREMIUM PET SOFT CHEWS
FOR ANIMAL HEALTH MARKET IN UK AND EUROPE

Source text for Eikon:  ID:nMFN6gWzlj 
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