Koivunen had web gross sales of roughly
By means of the acquisition, MEKO establishes itself because the main participant in
“I’m very glad to announce this necessary step. The acquisition of Koivunen is in step with our well-proven technique to create worth by way of fastidiously chosen acquisitions, as we’ve beforehand executed in
“Including Koivunen to MEKO additional solidifies our place because the main automotive aftermarket participant within the Nordics and provides us extra development alternatives that may profit our clients, workers and shareholders”, says
“Koivunen has a protracted custom as a family-owned firm with engaged companions and workers who put clients first. We’re happy that Koivunen lands in good arms and turns into a part of MEKO, a powerful trade chief in
The acquisition of Koivunen is in step with MEKO’s development technique in
The transaction and synergies
MEKO has entered into an settlement to amass Koivunen for an enterprise worth of
The acquisition is predicted to have a optimistic impact on MEKO’s earnings per share of
The approaching years recurring integration prices are anticipated to be non-significant, as Koivunen will proceed to function as a stand-alone enterprise, in step with MEKO’s earlier acquisitions. Transaction prices for the acquisition are estimated at
MEKO always evaluates its long-term monetary targets primarily based on market circumstances and adjustments within the firm construction. MEKO maintains its monetary targets.
The aquisition will probably be financed in money by way of present liquidity and financial institution amenities.
SEB Company Finance acted as monetary advisor to MEKO in relation to the acquisition.
Press and analyst convention
As a consequence of MEKO’s acquisition, a phone convention will probably be held in English, at
For additional data, please contact:
Phone +46 (0)8-464 00 00, E-mail: email@example.com
Åsa Källenius, CFO of
Phone +46 (0)8-464 00 00, E-mail: firstname.lastname@example.org
Fredrik Sätterström, IRO of
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