ADDvise signs Letter of Intent regarding acquisition of LabRum AB
· ADDvise Group AB (publ) (”ADDvise”) has signed a Letter of Intent with LabRum Holding AB regarding an acquisition of 100 percent of the shares in LabRum AB (”the Acquisition”). · LabRum AB ("LabRum") is one of Sweden's leading companies within laboratory furniture, safety ventilation and laboratory equipment for both the public and private sector. · The Acquisition is subject to a conducted due diligence and that the parties will agree to enter into a Share Purchase Agreement. · If LabRum is consolidated on pro forma basis from October 1, 2014 - September 30, 2015, ADDvise turnover