Bergman & Beving Acquires Modus Gauges
· Issued by Bergman & Beving AB
Bergman & Beving AB OMXSTO:BERG_B:
BERGMAN & BEVING ACQUIRES MODUS GAUGES
BERGMAN & BEVING ACQUIRES MODUS GAUGES
MODUS GAUGES WILL BE PART OF SAFETY TECHNOLOGY DIVISION
CLOSING WILL TAKE PLACE WITH IMMEDIATE EFFECT
ACQUISITION IS EXPECTED TO HAVE A MARGINALLY POSITIVE IMPACT ON BERGMAN & BEVING'S EARNINGS PER SHARE DURING CURRENT FINANCIAL YEAR.
MODUS GAUGES HAS TURNOVER OF MGBP 2
Bergman & Beving AB on 6ix
Earlier from Bergman & Beving
- BERG_B: EBITDA and margins improved, but organic growth remains subdued amid ongoing market challenges
- BERG_B: EBITA up 11% to MSEK 485, six acquisitions, Skydda divestment, net loss from goodwill write-down
- BERG_B: 20 consecutive quarters of profit growth, with EBITA up 10% year-over-year
- BERG_B: EBITA up 12% and profits rose across all divisions despite market headwinds
- BERG_B: EBITA rose 13% and cash flow strengthened, driven by acquisitions and margin gains
Later from Bergman & Beving
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