ADDvise sells property for 4,75 MSEK
ADDvise Group AB’s (publ) subsidiary Germa has signed an agreement to sell a production unit owned by Germa. The Stockholm based company OXO Förvaltning AB is buying the property. In connection to the sale, Germa will sign a 10-year lease agreement with OXO Förvaltning. The purchase price is 4,75 MSEK. Since the property is not leveraged, the sale directly improves the liquidity by 4,75 MSEK. The sale creates a profit of approximately 4,5 MSEK within the subsidiary Germa. OXO Förvaltning will gain admittance to the property on January 12th, 2018. For further information, please