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Opus Group completes acquisition of Envirotest Systems Holdings Corp


Monday, 3 Mar 2014 02:30am EST 

Opus Group AB:Completes the closing of the acquisition and has received access to all shares of Envirotest Systems Holdings Corp.Says the purchase price is approximately $ 89.96 million (approximately 585 million Swedish crowns).Says all conditions of the merger agreement for the acquisition have been met.Says after the acquisition the company is now called Envirotest Corp.Says the acquisition includes approximately 60 real properties owned by Envirotest.Ellis & Winters LLP in the U.S. and Mannheimer Swartling and Advokatfirman Vinge acted as legal advisors to Opus Group in connection with the transaction.Swedbank Corporate Finance was the financial advisor in connection with the rights issue that was part of the funding for the acquisition.PricewaterhouseCoopers was the financial advisor in connection with the transaction. 

Company Quote

11.6
0.25 +2.20%
19 Sep 2014