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SP Group

M&A Activity Apr 25, 2018

3415_iss_2018-04-25_0f1bbb07-e96a-42b6-aee3-04743bb27a91.html

M&A Activity

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SP Group A/S acquires Nycopac AB

SP Group A/S acquires Nycopac AB

  • Today SP Group A/S has agreed with Nycopac AB to acquire at an enterprise value including debt of up to SEK 28.5 million
  • The acquisition of this well-running company within industrial packaging solutions supports the growth of SP Group and the ‘buy and build’ strategy with own products.
  • The acquisition is not expected to have any effect on the outlook for the year 2018.
  • SP Group finances the acquisition by debt. No new shares will be issued
  • The owner, Gusten Bergmark, continues as Managing Director.

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