Polygiene AB (publ) acquires the leading UK based additive company Addmaster
Polygiene AB (publ) (”Polygiene” or the ”Company”) today announces that the Company has entered into a conditional agreement on acquisition of the privately owned UK based company Addmaster Holdings Limited (”Addmaster”), a leading global supplier of antibacterial additives for hard surfaces. The purchase price, on a cash and debt free basis, amounts to in total approximately SEK 374 million, where approximately SEK 249 million is paid in cash and approximately SEK 125 million is paid through 4,564,174 newly issued shares in Polygiene. The cash payment is intended to be financed through a