Alcadon has completed the acquisition of CableCom and the integration work has begun. CableCom Group reported a turnover of NOK 93.4m in 2017 and a profit before tax of NOK 8.0m. The purchase price amounts to SEK 45m in cash on the day of admission plus a share issue of 437,500 shares in Alcadon, which has a market value of SEK 20m. The acquisition of CableCom significantly increases the presence of Alcadon in Norway.
