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TROAX — Troax AB (publ) News Story

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Brief: Troax Group Buys Machine Guarding And Wire Tray Solutions Business In China

Oct 31 (Reuters) - Troax Group AB (publ) TROAX.ST:

PURCHASE PRICE IS 350 MILLION RMB ON A CASH/DEBT-FREE BASIS

A MARKET LEADER IN MACHINE GUARDING AND WIRE TRAY SOLUTIONS IN CHINA

ACQUISITION WILL BE FINANCED THROUGH TROAX GROUP'S EXISTING CASH AND CREDIT FACILITIES

Further company coverage: TROAX.ST

 (Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))

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