Brief: Volati Acquires Märkas AB

Volati AB

22/09/2020 14:02

Sept 22 (Reuters) - Volati AB  VOLO.ST :
    * VOLATI CONTINUES GROWTH WITH ACQUISITION OF MÄRKAS AB
    * HAS ACQUIRED ALL SHARES IN LABEL PRODUCER MÄRKAS AB,
EIGHTH
ADD-ON ACQUISITION SINCE 2019
    * ACQUISITION HAS BEEN FINANCED THROUGH VOLATI'S EXISTING
CREDIT
FACILITIES AND COMPANY WILL BE CONSOLIDATED FROM END OF
SEPTEMBER 2020
    * ACQUISITION IS AN ADD-ON ACQUISITION FOR INDUSTRY BUSINESS
AREA
AND ETTIKETTO BUSINESS UNIT
    * ACQUISITION IS NOT EXPECTED TO HAVE ANY SIGNIFICANT IMPACT
ON
VOLATI'S EARNINGS FOR 2020

Source text for Eikon:  ID:nWkr5wHwDP 
Further company coverage:  VOLO.ST 

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