Brief: Volati Acquires Pisla Oy

Volati AB

02/09/2020 06:46

Sept 2 (Reuters) - Volati AB  VOLO.ST :
    * VOLATI CONTINUES GROWTH WITH ACQUISITION OF PISLA OY
    * VOLATI CONTINUES GROWTH WITH ACQUISITION OF PISLA OY
    * PISLA REPORTED SALES OF EUR 23.5 MILLION IN 2019.
    * ACQUISITION HAS BEEN FINANCED THROUGH VOLATI'S EXISTING
CREDIT
FACILITIES AND COMPANY WILL BE CONSOLIDATED FROM SEPTEMBER 2020
    * ACQUISITION IS NOT EXPECTED TO HAVE ANY SIGNIFICANT IMPACT
ON
VOLATI'S EARNINGS FOR 2020.
    * HAS ACQUIRED ALL SHARES IN FINNISH PISLA OY, SEVENTH
ADD-ON
ACQUISITION SINCE 2019

Source text for Eikon:  ID:nWkr1WTPgk 
Further company coverage:  VOLO.ST 

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