HomeMaid AB (OM:HOME B) acquired Veteranpoolen Ab.
January 01, 2013 at 11:00 pm EST
HomeMaid AB (publ) (OM:HOME B) acquired Veteranpoolen Ab on December 31, 2012. The purchase price will be paid in cash and financed through a combination of internal funds and loans. Veteranpoolen will continue to operate as a separate company and develop its service offerings, geographic coverage and brand. For the period ending June 30, 2012, Veteranpoolen had a turnover of SEK 69 million with an operating profit of about SEK 7 million. The acquisition is expected to lead to an increase in earnings per share for HomeMaid AB from 2013 onwards.
HomeMaid AB (publ) (OM:HOME B) completed the acquisition of Veteranpoolen Ab on December 31, 2012.