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BRIEF-Dormakaba acquires Australian company Kilargo Pty Ltd
July 4, 2017 / 4:59 AM / 3 months ago

BRIEF-Dormakaba acquires Australian company Kilargo Pty Ltd

July 4 (Reuters) - DORMAKABA HOLDING AG:

* HAS SIGNED AN AGREEMENT TO ACQUIRE AUSTRALIAN COMPANY KILARGO PTY LTD, TRANSACTION TO BE COMPLETED LATER IN JULY

* WILL BE INTEGRATING THE COMPANY INTO ITS EXISTING LOCAL ORGANIZATIONS OVER THE COMING MONTHS

* THE ACQUISITION IS EXPECTED TO HAVE A POSITIVE EFFECT ON DORMAKABA GROUP‘S EBITDA MARGIN AND EARNINGS PER SHARE FROM THE FIRST DAY

Source text for Eikon:

Further company coverage: (Gdynia Newsroom)

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