Brief: Volati Acquires Apisa

Volati AB

06/07/2021 12:32

July 6 (Reuters) - Volati AB  VOLO.ST :
    * VOLATI CONTINUES ITS GROWTH WITH THE ACQUISITION OF APISA
    * ACQUIRED ALL SHARES IN APISA S.L., A SPANISH MARKET LEADER
IN
DRYING AND STORAGE SOLUTIONS FOR GRAIN, FEED AND BIOMASS
    * ACQUISITION IS AN ADD-ON ACQUISITION FOR INDUSTRY BUSINESS
AREA
AND TORNUM BUSINESS UNIT.
    * ACQUISITION OF APISA IS VOLATI'S SIXTH ACQUISITION OF 2021
AND
SECOND ADD-ON ACQUISITION OF YEAR FOR TORNUM.
    * ACQUISITION IS FINANCED THROUGH VOLATI'S EXISTING CREDIT
FACILITIES AND COMPANY WILL BE CONSOLIDATED FROM JULY 2021
    * ACQUISITION IS NOT EXPECTED TO HAVE ANY SIGNIFICANT IMPACT
ON
VOLATI'S RESULTS FOR 2021.

Source text for Eikon:  ID:nWkr2nTMDb 
Further company coverage:  VOLO.ST 

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