Brief: Volati Continues Its Growth With Acquisition Of Beneli

Volati AB

25/06/2020 13:02

June 25 (Reuters) - Volati AB  VOLO.ST :
    * VOLATI CONTINUES ITS GROWTH WITH THE ACQUISITION OF BENELI
AB
    * VOLATI HAS ACQUIRED ALL OF SHARES IN BENELI AB.
    * BENELI REPORTED SALES OF SEK 156 MILLION IN 2019.
    * ACQUISITION HAS BEEN FINANCED THROUGH VOLATI'S EXISTING
CREDIT
FACILITIES AND COMPANY WILL BE CONSOLIDATED FROM END OF JUNE
2020
    * ACQUISITION IS NOT EXPECTED TO HAVE ANY SIGNIFICANT IMPACT
ON
VOLATI'S EARNINGS FOR 2020.

Source text for Eikon:  ID:nWkr9dM1YJ 
Further company coverage:  VOLO.ST 

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