Brief: Vestum To Buy All Shares In Swerör J. Borg

Vestum AB (publ)

02/09/2021 07:02

Sept 2 (Reuters) - Vestum AB (publ)  VESTUM.ST :
    * VESTUM TAKES POSITION IN HVAC IN WESTERN SWEDEN THROUGH
THE
ACQUISITION OF SWERÖR WITH SALES OF SEK 98.9M, EBITDA OF SEK
15.3M AND EBITA OF SEK 12.2M
    * TO ACQUIRE 100 PERCENT OF SHARES IN SWERÖR J. BORG AB AND
SISTER
COMPANY TEKNIK- OCH INSTALLATIONSSAMORDNING SVERIGE
    * PURCHASE PRICE WILL PARTLY BE FINANCED THROUGH PAYMENT IN
REVERSE,
    * DURING LAST TWELVE MONTHS PER JUNE 2021, SWERÖR GENERATED
SALES
OF SEK 98.9M WITH AN EBITDA OF SEK 15.3M AND EBITA OF SEK 12.2M
    * TRANSACTION IS EXPECTED TO BE COMPLETED WITHIN
APPROXIMATELY
THREE WEEKS.

Source text for Eikon:  ID:nBQNX8Nrb 
Further company coverage:  VESTUM.ST 

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