DK-5471 Soendersoe, 2016-11-21 10:57 CET (GLOBE NEWSWIRE) --
-- Through its subsidiary Gibo Plast A/S, SP Group A/S has today agreed to
acquire PlexxOpido in Norway and Sweden, at a total price, including
takeover of debt (enterprise value), of DKK 33 million
-- The acquisition of this well-run company within vacuum forming of plastic
components accelerates the growth of SP Group. However, the outlook for the
year 2016 is not upgraded
SP Group finances the acquisition of PlexxOpido by debt. No new shares
will be issued because of the acquisition
-- Arild S. Johnsen continues as managing director at PlexxOpido.