Brief: Volati Acquires Operations Of Embo Import

Volati AB

17/11/2022 07:34

Nov 17 (Reuters) - Volati AB  VOLO.ST :
    * VOLATI CONTINUES TO GROW THROUGH THE ACQUISITION OF THE
OPERATIONS OF EMBO IMPORT AB
    * HAS SIGNED AN AGREEMENT TO ACQUIRE ASSETS OF PAINTING TOOL
WHOLESALER EMBO IMPORT AB
    * ACQUISITION IS AN ADD-ON ACQUISITION FOR SALIX GROUP
BUSINESS
AREA
    * EMBO IMPORT AB REPORTED ANNUAL SALES OF APPROXIMATELY SEK
25
MILLION IN 2021.
    * ACQUISITION HAS BEEN FINANCED THROUGH VOLATI'S EXISTING
CREDIT
FACILITIES AND ACCESS TO SHARES WILL TAKE PLACE AS SOON AS
PRACTICABLE POSSIBLE.

Source text for Eikon:  ID:nMFN2mzqfv 
Further company coverage:  VOLO.ST 
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