ADDvise signs agreement to acquire AB Germa
• ADDvise Group AB (publ) has entered into an agreement with Ferno Norden AS and Ferno LLC to acquire all shares in Aktiebolaget Germa with admission planned on December 1st, 2017.• The purchase price amounts to SEK 17 million. The Acquisition is based on a cash and debt free basis to be paid in cash.• Germa’s production facility with a market value of SEK 4.5 million is included in the purchase.• The fiscal year 2016, Germa had a turnover of SEK 30.1 million and generated an EBITDA of SEK 3.4 million. Motives for the acquisition Germa is a profitable product company