Tuesday, June 7, 2016

Probi great deal in the United States – Private Businesses

According to a press release, published on Monday evening, June 6.

The funding is part of a rights issue of approximately SEK 600 million, which Probi’s largest shareholder, has undertaken take its part.

the acquisition will increase Probi its share of the North American probiotic more than threefold by annual sales in North America will increase to over 400 million.

According to Probi’s year-end report for 2015 North America accounted for SEK 132 million of the year’s net sales of SEK 221 million.

the acquisition is expected to be completed within four months and the Rights issue is expected to be implemented during the second half in 2016.

 Table: key financial information (excluding  synergies, synergies, etc.). 

image

 Source: Probi's acquisition communiqué. 

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