Brief: Volati Acquires Silos Metálicos Zaragoza S.L.U.

Volati AB

22/11/2023 14:37

Nov 22 (Reuters) - Volati AB  VOLO.ST :
    * VOLATI ACQUIRES SILOS METÁLICOS ZARAGOZA S.L.U.(SIMEZA)
    * SIMEZA, HEADQUARTERED IN SPAIN, HAS ABOUT 35 EMPLOYEES AND
SALES
OF ABOUT EUR 10 MLN WITH GOOD PROFITABILITY
    * ACQUISITION TO CREATE SYNERGIES FOR TORNUM GROUP, WHICH
WILL BE
ABLE TO OFFER A LARGER SHARE OF CUSTOMER DELIVERIES WITH ITS OWN
PRODUCTS
    * ACQUISITION HAS BEEN FINANCED THROUGH VOLATI'S EXISTING
CREDIT
FACILITIES, WITH IMMEDIATE ACCESS TO SHARES

Source text for Eikon:  ID:nMFN8bY1Gw 
Further company coverage:  VOLO.ST 

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