2018-05-24 TAKKT AG: TAKKT Acquires Swedish Direct Marketer for Business Equipment
(WorldNews Germany)

24.05.2018 / 19:32 The issuer is solely responsible for the content of this announcement. TAKKT Acquires Swedish Direct Marketer for Business Equipment Stuttgart, Germany, May 24, 2018. The TAKKT Group company Gerdmans Inredningar AB has entered into a purchase agreement with the Brady Corporation for the acquisition of 100 percent of the shares of Runelandhs Försäljnings AB. The transaction is expected to close on May 31. Runelandhs is expected to generate sales of over 145 million Swedish krona (equivalent to approximately 14 million euros) and an EBITDA margin at the lower end of the TAKKT target corridor of 12 to...