Brief: Vestum Through Unit Acquires Specialist Company In Suspended Ceilings

Vestum AB (publ)

30/08/2021 07:06

Aug 30 (Reuters) - Vestum AB (publ)  VESTUM.ST :
    * VESTUM, THROUGH SUBSIDIARY WAGAB, ACQUIRES SPECIALIST
COMPANY IN
SUSPENDED CEILINGS WITH SALES OF SEK 26.6M, EBITDA OF SEK 3.0M
AND EBITA OF SEK 2.2M
    * PURCHASE PRICE WILL PARTLY BE FINANCED THROUGH PAYMENT IN
REVERSE, WHICH WILL THEN BE SET OFF AGAINST 48,802 SHARES IN
VESTUM
    * DURING FINANCIAL YEAR 2020/2021, SKÅNE MONTAGE GENERATED
SALES
OF SEK 26.6M
    * TRANSACTION IS EXPECTED TO BE COMPLETED WITHIN
APPROXIMATELY
THREE WEEKS.

Source text for Eikon:  ID:nBQN9ZjtdS 
Further company coverage:  VESTUM.ST 

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