Brief: Vestum Acquires Specialist Company In Infrastructure

Vestum AB (publ)

24/01/2022 07:04

Jan 24 (Reuters) - Vestum AB (publ)  VESTUM.ST :
    * VESTUM ACQUIRES SPECIALIST COMPANY IN INFRASTRUCTURE WITH
SALES
OF SEK 168.5M, EBITDA OF SEK 16.0M AND EBITA OF SEK 15.6M
    * VESTUM ACQUIRES SPECIALIST COMPANY IN INFRASTRUCTURE WITH
SALES
OF SEK 168.5M, EBITDA OF SEK 16.0M AND EBITA OF SEK 15.6M
    * HAS AGREED TO ACQUIRE 100 PERCENT OF SHARES IN
KVALITETSMARK R
AB
    * IN FISCAL YEAR OF 2021, KVALITETSMARK GENERATED SALES OF
SEK
168.5M WITH AN EBITDA OF SEK 16.0M
    * PURCHASE PRICE WILL PARTLY BE FINANCED THROUGH PAYMENT IN
REVERSE, WHICH WILL THEN BE SET OFF AGAINST 823,917 SHARES IN
VESTUM THROUGH OFFSET ISSUES
    * TRANSACTION IS EXPECTED TO BE COMPLETED WITHIN
APPROXIMATELY ONE
WEEK.

Source text for Eikon:  ID:nBQN3S9Dm4 
Further company coverage:  VESTUM.ST 

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