Reuters logo
BRIEF-Axactor acquires Altor Group in Germany
September 30, 2016 / 2:22 PM / in a year

BRIEF-Axactor acquires Altor Group in Germany

Sept 30 (Reuters) - Axactor AB (Publ) :

* Acquires Altor Group and enters the German market

* Will pay an enterprise value of 34.1 million euros ($38.2 million) for 100 pct of shares in Altor

* Closing of transaction is expected by end of September.

* Transaction will be fully financed through existing credit facility as well as use of available cash.

* PwC deals acted as sole strategic and financial advisor to transaction. Source text for Eikon:

Further company coverage: ($1 = 0.8925 euros) (Gdynia Newsroom)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below