Fasadgruppen Group AB (publ) (OM:FG) entered into an agreement to acquire Altana A/S for DKK 20 million on July 5, 2022. The purchase price consists of cash and a so-called promissory note of DKK 20 million, which the sellers of Altana have agreed to set off against new shares in Fasadgruppen following the completion of the acquisition. For the financial year 2021, Altana revenues amounted to approximately DKK 95 million. Fasadgruppen will finance the cash part of the purchase price with existing cash. The acquisition of Altana is expected to be completed on July 6, 2022.

Fasadgruppen Group AB (publ) (OM:FG) completed the acquisition of Altana A/S on July 6, 2022.