Brief: Vestum To Acquire KWA Isolerteknik, JT Isolering

Vestum AB (publ)

09/11/2021 06:36

Nov 9 (Reuters) - Vestum AB (publ)  VESTUM.ST :
    * VESTUM IS GROWING IN WESTERN SWEDEN THROUGH ACQUISITION OF
SPECIALIST COMPANY IN INSULATION WITH SALES OF SEK 82.8M, EBITDA
OF SEK 13.8M AND EBITA OF SEK 11.6M
    * PURCHASE PRICE WILL PARTLY BE FINANCED THROUGH PAYMENT IN
REVERSE, WHICH WILL THEN BE SET OFF AGAINST 167,054 SHARES IN
VESTUM THROUGH OFFSET ISSUES
    * HAS AGREED TO ACQUIRE 100 PERCENT OF SHARES IN KWA
ISOLERTEKNIK
AB AND ITS SUBSIDIARY JT ISOLERING AB ("KWA ISOLERTEKNIK")

Source text for Eikon:  ID:nBQN53rZBH 
Further company coverage:  VESTUM.ST 

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