ADDvise signs agreement to acquire Hettich Labinstrument
· ADDvise Group AB (publ) (”ADDvise”) has entered into an agreement with Hans Nilsson Holding AB to acquire all shares in Hettich Labinstrument AB (”Hettich”) with the planned admission on January 31st, 2017 (”the Acquisition”). · The purchase price amounts to 12.95 million SEK, with two possible earn-outs. The Acquisition is based on a cash and debt free basis. · The Fiscal year 2016 Hettich had a turnover of 47.8 million SEK and generated an EBITDA of 3.6[1]