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Elanders AB grows by 60 pct via acquisition of a global Supply Chain company with a presence in Asia


Tuesday, 7 Jan 2014 02:00am EST 

Elanders AB:Says it advances its position and expands its global offer with Supply Chain services by acquiring the Singapore-based company Mentor Media Ltd.Says Mentor Media will be consolidated into Elanders as of Jan. 01, will operate as a separate subsidiary, and is expected to contribute a substantial increase in profit already in 2014.Says purchase price is about 312 mln Swedish krona on a cash- and debt-free basis and will be financed through a combination of external debt and a new rights issue. 

Company Quote

41.3
0.1 +0.24%
6:04am EDT