Brief: Volati Acquires All Of Shares In Swekip Sweden

Volati AB

04/12/2019 13:24

Dec 4 (Reuters) - Volati AB  VOLO.ST :
    * VOLATI MAKES ADD-ON ACQUISITION IN TRADING BUSINESS AREA
    * VOLATI MAKES ADD-ON ACQUISITION IN TRADING BUSINESS AREA
    * SWEKIP REPORTED SALES OF SEK 21 MILLION IN 2018.
    * VOLATI HAS ACQUIRED ALL OF SHARES IN SWEKIP SWEDEN AB.
    * ACQUISITION IS AN ADD-ON ACQUISITION FOR TRADING BUSINESS
AREA.
    * ACQUISITION IS NOT EXPECTED TO HAVE ANY SIGNIFICANT IMPACT
ON
VOLATI'S EARNINGS FOR 2020
    * ACQUISITION HAS BEEN FINANCED THROUGH VOLATI'S EXISTING
CREDIT
FACILITIES AND COMPANY WILL BE CONSOLIDATED FROM JANUARY 2020

Source text for Eikon:  ID:nWkr2t7rbC 
Further company coverage:  VOLO.ST 

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