Brief: Vestum Acquires Infrastructure Company

Vestum AB (publ)

26/10/2021 07:38

Oct 26 (Reuters) - Vestum AB (publ)  VESTUM.ST :
    * VESTUM ACQUIRES LEADING SPECIALIST COMPANY IN
INFRASTRUCTURE
WITH SALES OF SEK 305.0M, ADJUSTED EBITDA OF SEK 28.4M AND
ADJUSTED EBITA OF SEK 22.4M
    * TO ACQUIRE 100 PERCENT OF SHARES IN INFRACON SVERIGE AB
WITH
SUBSIDIARY INFRACON MASKIN
    * PURCHASE PRICE WILL PARTLY BE FINANCED THROUGH PAYMENT IN
REVERSE, WHICH WILL THEN BE SET OFF AGAINST 286,556 SHARES IN
VESTUM THROUGH OFFSET ISSUES
    * DURING LAST TWELVE MONTHS PER AUGUST 2021, INFRACON
GENERATED
SALES OF SEK 305.0M WITH AN ADJUSTED EBITDA OF SEK 28.4M

Source text for Eikon:  ID:nBQN3P95vB 
Further company coverage:  VESTUM.ST 

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