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Provider: Wright Reports
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Prevas AB Updates on Acquisition of Rhemispheres AB


Friday, 31 Aug 2012 02:30am EDT 

Prevas AB announced that in conjunction with the previously announced acquisition of Rhemispheres AB by the Company as of September 1, 2012, the purchase price amounts to SEK 5 million. The acquisition will be paid in cash. An additional consideration, which is related to the Company's development until August 31, 2015, can be obliterated. The total purchase price including the additional payment may exceed SEK 20 million. The acquired company will be part of the Prevas Group, and is expected to have an operating margin of about 16% and a turnover of SEK 9.5 million during the remainder of the fiscal year 2012, as well as SEK 25 million in sales over a 12-month period. 

Company Quote

20.7
-0.4 -1.90%
23 Jul 2014