Relais Group Plc acquires remaining shares in Awimex International AB
RELAIS GROUP PLC COMPANY RELEASE December 16, 2019 at 9.15 P.M. EETThe Board of Directors of Relais Group Plc has in its meeting on December 16, 2019 decided to use the right to purchase the remaining 30 percent of shares in Awimex International AB from HISI Holding AB. The purchase price of the remaining shares to be paid in cash is SEK 22.2 million or EUR 2.1 million. The transaction is estimated to take place on December 20 at the latest. The transaction has no impact on the 2019 financial guidance of Relais Group. The 70 percent majority stake in Awimex was acquired by Relais in 2017.