Brief: W5 Solutions Agrees To Buy KT‑Shelter

W5 Solutions publ AB

13/03/2026 07:45

March 13 (Reuters) - W5 Solutions AB (publ) W5.ST:

SAID ON THURSDAY ENTERED INTO AGREEMENT TO ACQUIRE 100% OF SHARES IN KT‑SHELTER OY, FINNISH DEFENCE TECHNOLOGY COMPANY

INITIAL PURCHASE PRICE CORRESPONDS TO VALUATION OF EUR 22.0 MILLION ON CASH‑ AND DEBT‑FREE BASIS

IN ADDITION, TWO EARN‑OUTS MAY BE PAID, WHICH AT MAXIMUM AMOUNT TO EUR 4.0 MILLION

THE INITIAL PURCHASE PRICE WILL BE FINANCED THROUGH LONG‑TERM DEBT FINANCING

COMPANY INTENDS, HOWEVER, TO PARTIALLY REPLACE THIS FINANCING WITH EQUITY THROUGH NEW SHARE ISSUE

ACQUISITION IS EXPECTED TO GENERATE SYNERGIES ACROSS ENTIRE GROUP

ACQUISITION IS EXPECTED TO BE COMPLETED DURING Q2 2026

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 (Gdansk Newsroom)

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