Brief: Ferro Takes Over Heating Polska For 9.7 Mln Zlotys

Ferro SA

02/08/2023 16:39

Aug 2 (Reuters) - Ferro SA  FROP.WA :
    * SIGNS DEAL WITH HEATING POLSKA'S ASSOCIATES ON PURCHASE OF
100%
STAKE IN HEATING POLSKA
    * UNDER DEAL COMPANY TO BUY SAID STAKE FOR 9.7 MILLION
ZLOTYS
    * DEAL FINANCED FROM CO'S OWN FUNDS
    * HEATING POLSKA SPECIALISES IN HEAT PUMPS DELIVERY IN
POLAND
    * HEATING POLSKA FY 2022 SALES REVENUE, EXCLUDING
TRANSACTION WITH
COMPANY'S UNITS, AMOUNTED TO ABOUT 16 MILLION ZLOTYS

Source text for Eikon:  ID:nEM7X4yHGa 
Further company coverage:  FROP.WA 

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