Brief: Jacquet Metals Acquires Special Steel Distribution Activities From Swiss Steel Group

Swiss Steel Holding AG

16/02/2023 17:41

Feb 16 (Reuters) - Jacquet Metals SA  JCQ.PA :
    * ACQUIRES SPECIAL STEEL DISTRIBUTION ACTIVITIES IN THE
CZECH
REPUBLIC, POLAND, SLOVAKIA, HUNGARY, LITHUANIA, ESTONIA AND
LATVIA FROM SWISS STEEL GROUP
    * COMPLETION OF THE OPERATION IS PLANNED IN THE SECOND
QUARTER OF
2023
    * JACQUET METALS WILL FINANCE ALL OF THE TRANSACTION USING
ITS
AVAILABLE CASH
    * THE COMPANIES HAVE AGREED TO KEEP THE ACQUISITION PRICE
CONFIDENTIAL

Source text for Eikon:  ID:nBw8zh9vra 
Further company coverage:  JCQ.PA ;  STLN.S 
 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))