Adapteo to acquire Stord Innkvartering, the leading Norwegian provider of worker accommodation rental buildings
Adapteo Plc – Inside information – 9 December 2020 at 8.10 a.m. CET NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, HONG KONG, JAPAN, NEW ZEALAND, SOUTH AFRICA OR SINGAPORE, OR ANY OTHER JURISDICTION IN WHICH PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. Adapteo has entered into an agreement to acquire all of the shares in Stord Innkvartering AS ("Stord") from its current private owners at an enterprise value (EV) of NOK 1,050 million (approximately EUR 97 million)[1]. A purchase price of NOK