XANO Industri AB (publ) (OM:XANO B) acquired Dansk Rotations Plastic Aps for DKK 9.98 million on April 5, 2024. Within the framework of the acquisition, the sellers' wish was to reinvest the equivalent of a maximum of DKK 10 million of the purchase sum received through the acquisition of XANO shares. XANO's Board of Directors has therefore decided to exercise the Annual General Meeting's authorisation for acquisition and transfer of the company's own shares, which is valid until the end of the 2024 Annual General Meeting. 179,442 own shares of class B have been transferred at a price of SEK 86 per share. Payment for the shares has been received in the form of a debt certificate of SEK 15.4 million. Dansk Rotations reported a turnover of DKK 47 million for the 2022/2023 financial year. DRP will be part of XANO's Industrial Products business unit, which includes companies that work in polymer materials and have a strong focus on sustainability. Consolidation will be effective as of 5 April 2024.

XANO Industri AB (publ) (OM:XANO B) completed the acquisition of Dansk Rotations Plastic Aps on April 5, 2024. Moalem Weitemeyer acted as legal advisor for XANO Industri AB.