Ferronordic AB (publ) (OM:FNM) signed an agreement to acquire Thomas Nutzfahrzeuge GmbH for €6.4 million on March 3, 2021. As per the agreement, the transaction also includes the acquisition of related real estate where Thomas Nutzfarzeuge is operated. The consideration includes a payment of €2.9 million for the shares in Thomas Nutzfarzeuge and €3.5 million for the real estates. The transaction is expected to be completed in April 2021 and Thomas Nutzfarzeuge will be integrated in Ferronordic’s German business during 2021.