Brief: Vestum Acquires Specialist Company In Norway

Vestum AB (publ)

22/03/2022 07:02

March 22 (Reuters) - Vestum AB (publ)  VESTUM.ST :
    * VESTUM ACQUIRES SPECIALIST COMPANY IN NORWAY WITH SALES OF
NOK
34 MILLION
    * IN FISCAL YEAR OF 2021, FIBBER GENERATED SALES OF NOK 34
MILLION. FIBBER HAS AN EBITA MARGIN THAT IS HIGHER THAN VESTUM
GROUP'S ADJUSTED EBITA MARGIN
    * PURCHASE PRICE WILL PARTLY BE FINANCED THROUGH PAYMENT IN
REVERSE, WHICH WILL THEN BE SET OFF AGAINST 452,096 SHARES IN
VESTUM THROUGH OFFSET ISSUES

Source text for Eikon:  ID:nMFN6XNpB8 
Further company coverage:  VESTUM.ST 

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