Industrieliegenschaftenverwaltung Aktiengesellschaft., Franz Mayr-Melnhof-Saurau and management of ewe entered into agreement to acquire ewe Küchen Gesellschaft m.b.H. for ?26.5 million on February 12, 2024. The consideration consists of ?24 million in cash, ?2.5 million in two earnout payments based on ewe?s performance in 2024 and 2025 and net of cash acquired of ?2.4 million. The transaction is subject to customary regulatory approvals by authorities and closing procedures and is expected to be completed during March 2024.
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- Industrieliegenschaftenverwaltung Aktiengesellschaft., Franz Mayr-Melnhof-Saurau and management of ewe entered into agreement to acquire ewe Küchen Gesellschaft m.b.H. for ?26.5 million.