Brief: Paragon Buys Speaker Manufacturer LPG

paragon GmbH & Co KgaA

29/10/2018 07:02

Oct 29 (Reuters) - PARAGON GMBH & CO KGAA  PGNG.DE :
    * ACQUIRES SPEAKER MANUFACTURER LPG AND EXPANDS VALUE CHAIN
IN
ACOUSTICS
    * COMPLETE ACQUISITION OF LPG
LAUTSPRECHER-PRODUKTIONS-GESELLSCHAFT
    * TAKEOVER ENABLES COMPLETELY INDEPENDENT PRODUCTION OF
SPEAKERS
AND DIGITALLY NETWORKED SOUND SYSTEMS
    * PURCHASE PRICE IS EUR 3 MILLION
    * CLOSING OF ACQUISITION IS EXPECTED TO TAKE PLACE ON
OCTOBER
30,2018

Source text for Eikon:  ID:nEQb2jZb8a 
Further company coverage:  PGNG.DE 

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