Brief: Swedencare Acquires U.S. Pet E-Commerce Logistics Company

Swedencare AB (publ)

01/10/2021 07:43

Oct 1 (Reuters) - Swedencare AB (publ)  SECARE.ST :
    * SWEDENCARE AB (PUBL) ACQUIRES U.S. PET E-COMMERCE
LOGISTICS
COMPANY
    * PURCHASE PRICE AMOUNTS TO 4.75 MILLION USD (APPROXIMATELY
SEK
41.1 MILLION)
    * ACQUIRED FULFILLMENT ADVANTAGE VENTURES, INC. (FAV), A
BUSINESS-TO-CONSUMER (B2C) LOGISTICS COMPANY
    * FAV'S SALES WERE 2.8 MILLION USD IN TTM SEPTEMBER 2020 -
AUGUST
2021 WITH A NEGATIVE EBITDA OF 0.1 MILLION USD

Source text for Eikon:  ID:nMFN8WZ3Fc 
Further company coverage:  SECARE.ST 

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