DK-5471 Soendersoe, 2015-06-22 08:35 CEST (GLOBE NEWSWIRE) -- Summary
- Today SP Group A/S has agreed with Søren Ulstrup Holding ApS to acquire Ulstrup Plast A/S at a total price including takeover of debt (enterprise value) up to DKK 78 million
- The acquisition of this well-running and well-earning injection moulding company accelerates the growth of SP Group. As a consequence of the acquisition the outlook for the year 2015 is upgraded
- SP Group issues 200,000 number of new shares as a part financing of the acquisition. The new shares will be sold at market price on Wednesday the 24 June 2015 without pre-emptive rights of the company’s shareholders. The share issue is guaranteed
- Søren Ulstrup continues as managing director at Ulstrup Plast and becomes a significant shareholder in SP Group.
