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Provider: Reuters Investment Profile

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Scana Industrier sells Scana Industrial Products

Monday, 2 Dec 2013 04:11am EST 

Scana Industrier ASA:Says sells its subsidiary Scana Industrial Products AS to the employees and external investors.Says the employees will own 49% of Scana Industrial Products AS after the acquisition.Says Scana Industrial Products provides specialized steel to road maintenance in Scandinavia.Says proceeds from the sale are about 30 million Norwegian crowns.Says the sale is part of Scanas strategy to sell non-core parts of the business. 

Company Quote

0.01 +1.22%
3:00am EST