Brief: SynBiotic Buys 50.1% In Daniel Kruse's Cannabis Companies
01/12/2021 13:57
Dec 1 (Reuters) - SYNBIOTIC SE SBXn.DE :
* ACQUIRES 50.1% OF DANIEL KRUSE'S GROUP OF COMPANIES AT A
VALUATION OF EUR 11.2 MILLION
* HANF FARM GMBH, HEMPRO INTERNATIONAL GMBH, HEMP FACTORY
GMBH AND
MH MEDICAL HEMP GMBH JOIN GERMAN CANNABIS GROUP
* SYNBIOTIC SE RAISES SALES FORECAST FOR 2021 TO EUR 15
MILLION
(PRO FORMA CONSOLIDATED)
Source text for Eikon: ID:nEQ9ft5WGa
Further company coverage: SBXn.DE
(Reporting by Berlin Newsroom)
((berlin.newsroom@thomsonreuters.com;))
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