Brief: Xano to acquire Jorgensen Engineering

XANO Industri AB

14/11/2016 07:00

Nov 14 (Reuters) - Xano Industri Ab  XANOb.ST  
    * Says signs agreement to acquire Jorgensen Engineering A/S 
    * Says purchase price to be paid in cash is 245 mdkk on a 
debt free basis 
    * Says aqcuisition is seen adding 3.50 SEK in earnings per 
share on an annual basis 
    * Danish company Jorgensen Engineering develops, produces, 
and markets equipment and packaging handling systems for the 
food, pet food and health care industries 
    * In 2015/2016 revenues were 275 MDKK with an operating 
margin of 13 procent 
 
Source text for Eikon (in Swedish):  ID:nWkrkn3227  
Further company coverage:  XANOb.ST  
 
 (Reporting by Stockholm Newsroom) 
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