Brief: Windowmaster Acquires Climatic

WindowMaster International A/S

15/02/2021 08:57

Feb 15 (Reuters) - WindowMaster International A/S  WMA.CO :
    * WINDOWMASTER INTERNATIONAL A/S: WINDOWMASTER ACQUIRES THE
DANISH
COMPANY CLIMATIC A/S TO CAPTURE MARKET SHARE
    * TRANSACTION VALUE AMOUNTS TO DKKM 7.5 FOR PURCHASE OF
SHARES
    * FINAL CLOSING EXPECTED ON 26TH OF FEBRUARY 2021
    * ACQUISITION IS NOT EXPECTED TO MATERIALLY IMPACT FINANCIAL
LEVERAGE FOR 2021
    * PURCHASE PRICE OF DKK 7.5 MILLION WILL BE PAID PARTIALLY
IN CASH
WHILE REMAINING AMOUNT IS PAID IN NEW WINDOWMASTER-SHARES
    * WINDOWMASTER ACQUIRES ALL CLIMATIC A/S ACTIVITIES

Source text for Eikon:  ID:nWkr6Nhjl 
Further company coverage:  WMA.CO 

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