Duroc has sold its holding in Carclo Plc
26 February 2021
Duroc has sold its entire holding in Carclo plc for SEK 25 million, and thereby reduced the group’s net debt. Prior to the sale, Duroc owned 13 percent of the shares in Carclo plc.
"As the development in the company did not live up to our expectations, we have decided to exit the investment," says Duroc's CEO John Häger.
The holding in Carclo has been valued at market value in Duroc's balance sheet and the change in value has been reported in other comprehensive income. The sale of the holding has a positive effect on equity of SEK 7.5 million in Duroc's third quarter.
For further information
John Häger, CEO Duroc, +46 702 48 72 99
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Duroc AB (publ)Box 5277, SE-102 46 Stockholm, Sweden Street address: Linnégatan 18 |
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| The Duroc Group manages and develops industrial and trading companies. With deep knowledge of technology and market, the Group’s companies strive to achieve a leading position in their respective industries. As owner Duroc contributes actively to the development. Duroc is listed on NASDAQ OMX Stockholm (symbol: DURC). www.duroc.se | |