Extract from M&A Insights

The below story was originally featured in our daily M&A Insights Newsletter. Selected stories, including this one, are posted to our website with some weeks of delay.
Bellman Group completes acquisition of VSM Entreprenad AB
July 18, 2018

Swedish Bellman Group completes the acquisition of the machine contracting company VSM Entreprenad AB. The final purchase price for the acquisition amounts to SEK 380,000,000 on a debt free basis. The cash payment of SEK 239m has been paid in its entirety as of yesterday and the Company has also completed a new issue of shares valued at SEK 100 million directed to the former owners of VSM, which after the new issue gives them an ownership in Bellman Group of 33% in total. VSM will continue to operate as a separate business following the acquisition.

ⓘ This story was originally featured in our daily M&A Insights newsletter.
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