Brief: Vestum Acquires Two Companies With Total Sales Of SEK 218 Mln

Vestum AB (publ)

12/07/2022 10:04

July 12 (Reuters) - Vestum AB (publ)  VESTUM.ST :
    * VESTUM STRENGTHENS ITS POSITION IN MOISTURE PROTECTION AND
WATER
AND WASTEWATER SYSTEMS THROUGH ACQUISITION OF TWO NICHE
COMPANIES WITH TOTAL SALES OF SEK 218 MILLION
    * TO ACQUIRE 100% OF SHARES IN ISODRÄN AB ("ISODRÄN") AND
MDT
MARKVARUHUSET AB
    * IN FISCAL YEAR OF 2021, ISODRÄN AND MDT GENERATED
AGGREGATED
SALES OF SEK 218 MILLION.
    * PURCHASE PRICE WILL BE PAID THROUGH PAYMENT IN CASH AND
ISSUANCE
OF SHARES IN VESTUM

Source text for Eikon:  ID:nMFNhNb6X 
Further company coverage:  VESTUM.ST 

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