Alcadon Group signs agreement to acquire UK-based Networks Centre Holding Company Ltd and its subsidiaries in the UK and the Netherlands
Alcadon Group AB ("Alcadon") has entered into a binding agreement to acquire all the shares in the UK company Networks Centre Holding Company Ltd and its subsidiaries (“NWC”), a professional distributor of products and complete systems for Network infrastructure solutions. The purchase price amounts to GBP 31,5 million on a cash and debt free basis of which approximately GBP 5,8 million will be paid in newly issued shares of Alcadon Group AB. The remainder will be financed through existing cash in Alcadon and refinancing of existing loans of SEK 130 million together with a new bank loan of