Brief: Troax Group Acquires Flexible Barrier & Safety Mirror Business
06/11/2025 14:05
Nov 6 (Reuters) - Troax Group AB (publ) TROAX.ST: TROAX GROUP ACQUIRES FLEXIBLE BARRIER & SAFETY MIRROR BUSINESS ACQUISITION WILL BE FINANCED WITHIN TROAX GROUP'S EXISTING CASH ON A CASH-FREE/DEBT-FREE BASIS A PERFORMANCE-BASED ADDITIONAL PAYMENT WILL OCCUR IN 2028, CONDITIONAL ON PROFITABLE GROWTH TARGETS BEING MET TRANSACTION IS EXPECTED TO CLOSE TODAY TRANSACTION COSTS OCCURRING DURING Q4 IS NOT EXPECTED TO BE MATERIAL. ACQUISITION IS NOT EXPECTED TO MATERIALLY AFFECT TROAX GROUP'S EARNING PER SHARE OR NET DEBT / EBITDA COMPANIES TO BE ACQUIRED HAD A REVENUE OF APPROXIMATELY 6 MEUR IN 2024. Source text: ID:nWkr5c21r6 Further company coverage: TROAX.ST (Gdansk Newsroom) ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))