Brief: Volue Acquires ProCom Energy Business

Volue ASA

07/07/2021 11:04

July 7 (Reuters) - Volue ASA  VOLUE.OL :
    * VOLUE ACQUIRES THE PROCOM ENERGY BUSINESS AND EXPANDS
EUROPEAN
OFFERING
    * VOLUE ACQUIRES THE PROCOM ENERGY BUSINESS AND EXPANDS
EUROPEAN
OFFERING
    * PARTIES HAVE AGREED TO NOT DISCLOSE FINANCIAL DETAILS OF
TRANSACTION.
    * TO ACQUIRE 100% OF PROCOM GMBH
    * INVESTMENT IS EXPECTED TO CLOSE DURING SEPTEMBER 2021, AND
CLOSING WILL BE SUBJECT TO CERTAIN CONDITIONS AS AGREED BETWEEN
PARTIES.
    * THROUGH ACQUISITION, VOLUE WILL ADD THREE MILLION EUROS IN
ANNUAL RECURRING REVENUES
    * PARTIES HAVE AGREED TO NOT DISCLOSE FINANCIAL DETAILS OF
TRANSACTION

Source text for Eikon:  ID:nObisr7J6a 
Further company coverage:  VOLUE.OL 

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