Brief: Swedencare CDMO Group Vetio in US

Swedencare AB (publ)

29/06/2021 07:17

June 29(Reuters) - Swedencare AB  SECARE.ST :
    * SAID ON MONDAY ACQUIRED US BASED ANIMAL HEALTH CONTRACT
DEVELOPMENT MANUFACTURING ORGANIZATION VETIO
    * PURCHASE PRICE AMOUNTS TO $181.5 MILLION AND CONSISTS OF
CASH
AMOUNT OF 179 MILLION AND ISSUE IN KIND OF 184,190 SHARES IN
SWEDENCARE
    * VETIO SALES WERE $32.3 MILLION IN 2020 AND ITS ADJUSTED
EBITDA
WAS $6.5 MILLION 

    
    
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