SP Group A/S acquires MM Composite A/S

| Source: SP Group A/S SP Group A/S

DK-5471 Soendersoe, 2017-03-21 14:44 CET (GLOBE NEWSWIRE) -- Summary

 

  • Today SP Group A/S has agreed with MMC Group ApS to acquire MM Composite A/S and its subsidiary MM Composite Inc. at an enterprise value including debt of up to DKK 105 million
  • The acquisition of this well-running composite company accelerates the growth of SP Group. The outlook for the year 2017 will be released on 30 March and MM Composite A/S will be included in the announcement
  • SP Group finances the acquisition by debt. No new shares will be issued
  • The owners, Kent Bøllingtoft Madsen and Mogens Marxen continue as executives.

 

Attachments

Meddelelse nr. 14 - Acquisition MM Composite - 21 03 17.pdf