BEWi intends to divest real estate in the Netherlands
BEWi ASA, parent company of BEWiSynbra Group AB (publ) and a leading international provider of packaging, components and insulation solutions, has entered into a letter of intent with KMC Properties AS regarding the divestment of certain real estate owned by the company located in the Netherlands for a cash consideration of approximately NOK 300 million.
The contemplated transaction will constitute a related party transaction since KMC Properties AS partly is indirectly owned by Bekken Invest AS, which indirectly controls 58.6 per cent of the shares in BEWi ASA through KMC Family AS and