Brief: Vestum Acquires Danish Water Specialist Company Scanregn

Vestum AB (publ)

11/02/2022 07:08

Feb 11 (Reuters) - Vestum AB (publ)  VESTUM.ST :
    * VESTUM ESTABLISHES WATER AS NEW SEGMENT AND GROWS
INTERNATIONALLY WITH ACQUISITION OF DANISH WATER SPECIALIST
COMPANY WITH SALES OF SEK 97M, EBITDA OF SEK 20M AND EBITA OF
SEK 19M
    * VESTUM DENMARK APS HAS AGREED TO ACQUIRE 100% OF SHARES IN
SCANREGN A/S ("SCANREGN")
    * PURCHASE PRICE WILL PARTLY BE FINANCED THROUGH PAYMENT IN
REVERSE, WHICH WILL THEN BE SET OFF AGAINST 1,384,472 SHARES IN
VESTUM AB (PUBL) ("VESTUM") THROUGH OFFSET ISSUES.
    * SCANREGN WILL BE INCLUDED IN VESTUM'S WATER SEGMENT

Source text for Eikon:  ID:nBQN96LkHs 
Further company coverage:  VESTUM.ST 

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