Delete Group has completed the divestment of Delete Heavy Demolition AB
DELETE GROUP OYJ, STOCK EXCHANGE RELEASE 5 MARCH 2020 AT 14:00 EETDelete Group ("Delete") has completed the divestment of Delete Heavy Demolition AB, a group company operating in the group's Demolition Services business area in Sweden. The transaction was completed by way of Delete Sweden AB selling all shares in Delete Heavy Demolition AB to Lotus Maskin & Transport AB. In 2019, the turnover of Heavy Demolition business in Sweden was EUR 10.3 million and EBIT was EUR -1.6 million before asset impairment. At year end 2019, the net assets of Heavy Demolition AB were valued at zero for Delete