SIBS strengthens and scales up the activities within SIBS Modular
SIBS AB (publ) (“SIBS”) hereby announces that: · SIBS will pool its building system and industrial production activities into a newly established wholly-owned subgroup SIBS Modular, · A new CFO and Board has been appointed to SIBS Modular with comprehensive international industrial experience, · A process has been initiated to broaden the shareholder base with industrial and/or financial owner(s) through a share issue in SIBS Modular, and · SEK 125m in new equity raised by SIBS from existing shareholders SIBS is a global leader in the industrial production of