Bergman & Beving AB (publ) acquired Sandbergs i Jämtland AB on August 31, 2023. Sandbergs will be part of the Tools & Consumables division and the closing takes place immediately. The acquisition is expected to have a marginally positive effect on the Bergman & Beving?s earnings per share during the current fiscal year.

Bergman & Beving AB (publ) completed the acquisition of Sandbergs i Jämtland AB on August 31, 2023. Under the terms of agreement, Bergman & Beving normally uses an acquisition model with a base consideration and a contingent consideration. The outcome of the contingent consideration depends on the future earnings of the acquired company. The contingent considerations will fall due within four years, but the majority of them will fall due earlier. The company has annual revenue of approximately SEK 60 million.