Coor acquires Centrumstäd
Coor today signed an agreement relating to the acquisition of Centrumstäd, a reputable cleaning services provider in Scania in southern Sweden. Centrumstäd was founded in 1992, and the company currently has 150 employees with annual sales of some SEK 50 million. The acquisition strengthens Coor’s cleaning organization in southern Sweden and creates the right conditions for continued expansion in the region.The purchase consideration (on a cash and debt free basis) amounts to some SEK 32 million, corresponding to an EV/EBITA multiple of approximately 5.2x in relation to current EBITA. The