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AGES Industri acquires UB Verktyg for SEK 15m
April 30, 2019

Industrial component manufacture AGES Industri has acquired UB Verktyg AB, a manufacturer of die-casting tools and spare parts. The acquired company reported sales of SEK 24m in 2018, which translates to an EV / sales multiple of 1.7x. AGES Industri is publ. listed on Nasdaq First North Premier.

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