Alcadon acquires 80 percent of Belgian 6X International BV with an option for the remaining 20 percent
Alcadon Group AB (“Alcadon”) has today, 7 December, acquired 80 percent of Belgian 6X International BV, a distributor of fiber optic solutions and systems in Belgium. The purchase price amounts to KEUR 975 on cash and debt-free basis, which is financed through existing cash in Alcadon. Purchases also include a call / put option for the remaining 20 percent.· 6X is expected to report sales of 3,7 MEUR and EBITDA of 0,2 MEUR (Underlying EBITDA adjusted for extraordinary costs deemed to be 0,3 MEUR) for the financial year 2021. · The purchase price for the shares amounts to 612 KEUR. In