Ferronordic AB (OM:FNM) signed an agreement to acquire Business of Bus- und Truck Service GmbH for EUR 0.65 million on February 4, 2021. The total purchase price amounts to EUR 0.65 million (SEK 6.6 million) of which EUR 0.45 million (SEK 4.6 million) corresponds to the expected net value of the purchased assets and EUR 0.2 million (SEK 2.0 million) is goodwill. The transaction is structured as an asset deal including purchase of inventories, tools and equipment. 10%. The transaction is expected to be completed by May 2021.