Opus Group signs agreement to acquire Envirotest and become the vehicle inspection market leader in the United States, and implements a rights issue
The vehicle inspection company Opus Group AB’s (publ) subsidiary Opus Inspection, Inc. has signed a merger agreement to acquire Envirotest Systems Holdings Corp., a leading vehicle inspection services and technology company in North America. The purchase price is approximately USD 84 million (approx. SEK 550 million) and the acquisition is expected to close in early 2014.· Opus Inspection has signed an agreement to acquire Envirotest Systems Holdings Corp. (the "Acquisition" and “Envirotest”, respectively) for a purchase price of approximately USD 84 million on a debt free basis. The