Brief: Uponor To Acquire Capricorn S. A.

Uponor Oyj

23/08/2021 09:01

Aug 23 (Reuters) - Uponor Oyj  UPONOR.HE :
    * REG-UPONOR TO ACQUIRE CAPRICORN S. A., A POLISH
MANUFACTURER OF
COMPONENTS FOR HEATING AND SANITARY INSTALLATIONS
    * PARTIES HAVE AGREED NOT TO DISCLOSE PURCHASE PRICE.
    * IN 2020, CAPRICORN'S NET SALES WERE CLOSE TO EUR 25
MILLION AND
IT EMPLOYS APPROXIMATELY 400 PEOPLE IN ŚWIEBODZICE, IN SOUTH
WEST POLAND
    * PARTIES HAVE AGREED NOT TO DISCLOSE PURCHASE PRICE
    * CLOSING OF ACQUISITION IS EXPECTED TO TAKE PLACE DURING
COMING
MONTHS.
    * IN 2020, CAPRICORN'S NET SALES WERE CLOSE TO EUR 25
MILLION
    * CAPRICORN WILL BE INTEGRATED INTO UPONOR'S BUILDING
SOLUTIONS -
EUROPE DIVISION.

Source text for Eikon:  ID:nGNE1T5PnT 
Further company coverage:  UPONOR.HE 

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