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BRIEF-Strongpoint PYD Seguridad in Spain for 451,480 euros
December 16, 2016 / 1:50 PM / a year ago

BRIEF-Strongpoint PYD Seguridad in Spain for 451,480 euros

Dec 16 (Reuters) - Strongpoint ASA :

* Acquires PYD Seguridad in Spain

* Parties have agreed to an earn-out based on an average annual growth rate of 20 pct in 2017-2019

* Assumes responsibility for all net interest bearing debt related to operations in PYD Seguridad t about 500,000 euros ($522,550)

* Purchase price is 451,480 euros Source text for Eikon: Further company coverage: ($1 = 0.9568 euros) (Gdynia Newsroom)

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