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Provider: Reuters Investment Profile

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Revenio Group Oyj divests information displays business

Thursday, 28 Nov 2013 06:30am EST 

Revenio Group Oyj:Says has signed an agreement to sell FLS Finland Oy, its information displays business, to Teknopower Oy.Says purchase price comprises an initial purchase price of 1.7 million euros, and a possible additional purchase price, to be specified by the end of 2013.Says according to current estimates, the total purchase price will be 1.9 - 2.0 million euros.Says the divestment is a part of the Revenio's strategy change focusing on Health Tech segment.