Provider: Wright Reports
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PSI Group ASA Completes Acquisition of Sydetikett AB
PSI Group ASA announced that the owners of Sydetikett AB have signed an agreement for the Company's acquisition of all shares in Sydetikett AB for SEK 40 million. Out of this amount SEK 30 million is paid on September 10, 2013 and SEK 10 million will be paid on March 1, 2015. Sydetikett AB is a Swedish digital label printing facility with 23 employees. The transaction was completed on September 10, 2013.
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