ADDvise signs Letter of Intent to acquire MRC Systems Ltd - Regulatory information
ADDvise Group AB (publ) (”ADDvise”) has signed a Letter of Intent with the shareholders of MRC Systems Ltd (the ”Company” and ”MRC”) regarding an acquisition of 100 percent of the shares in MRC (the ”Acquisition”). MRC develops and manufactures cleanrooms for the pharmaceutical industry and hospitals. The Company has its headquarters and production facility located in Dubai. The Company owns an additional production facility in Spain. The Company’s revenue is expected to amount to approximately USD 9.80 million with an adjusted EBITDA of approximately USD 1.10 million for the financial