Coor acquires Inspira
Coor today signed an agreement relating to the acquisition of Inspira, a well-run family business that delivers workplace services, mainly focused on cleaning, for a large number of customers in central Sweden. The acquisition increases Coor’s geographical coverage in central Sweden and generates significant synergies.Inspira has 1,400 employees and annual sales of some SEK 700 M. The purchase consideration (on a cash and debt free basis) amounts to SEK 380 M and corresponds to an EV/EBITA multiple of approximately 8x in relation to current EBITA, and close to 6x when expected synergies are