07 jul: CORRECTION: Storaktionærmeddelelse - Danske Andelskassers Bank A/..
07 jul: LeoVegas lancerer LeoVegas Sport i Danmark
07-07-2017 11:59:49

H+H International A/S -

Relateret indhold
20 aug - 
H+H/CEO: Tyske opkøb kan løfte priser og styrke krydssa..
16 aug - 
Torsdagens aktier: Carlsberg berusede investorerne med ..
16 aug - 
Aktier/middag: Investorerne nyder en Carlsberg men send..
Relateret debat
22 aug - 
Solgte halvdelen på stigningen, men har allerede fortru..
22 aug - 
Tror bare de har set rigtigt med opkøbet, det giver fle..
19 aug - 
simpelhen utroligt denne aktie er steget 15 % på få dag..

Copenhagen, Denmark, 2017-07-07 11:59 CEST (GLOBE NEWSWIRE) --

 

H+H International A/S

Lautrupsgade 7, 6th Floor

2100 Copenhagen Ø

Denmark

Tel.: +45 35 27 02 00

www.HplusH.com

Company reg. no. 49 61 98 12

LEI 213800GJODT6FV8QM841

 

H+H signs agreement to acquire Grupa Ożarów SA’s calcium silicate business in Poland

The transaction will create a strong aircrete and calcium silicate business in Poland and is expected to capture significant sales synergies. In Central Europe calcium silicate has a strong market penetration in the important segment for high rise buildings.

Today, H+H International A/S’s subsidiary H+H Polska Sp. z o.o. signed a conditional agreement with Grupa Ożarów S.A. to acquire 99.19% of the shares in its Polish calcium silicate subsidiary, Grupa Silikaty Sp. z o.o. for a total consideration of PLN 36 million (approx. DKK 64 million) (enterprise value). The closing of the transaction is subject to customary approval by the Polish authorities and is expected to occur at the end of 2017. The purchase price will be paid according to a deferred payment schedule with instalments being paid at closing (approx. DKK 14 million) and by end of January 2019 and 2020, respectively (each approx. DKK 25 million).

Grupa Silikaty is the second largest producer of calcium silicate units in Poland with seven production plants. Calcium silicate units are used as building blocks in residential buildings and are predominantly made from sand and lime. Revenue in 2016 was around DKK 157 million and EBITDA was around DKK 11 million. The company employs approximately 300 persons.  

Michael T. Andersen, CEO of H+H International A/S says:

“Adding complementary products is in line with the announced strategy of increasing our presence in the important high-rise segment. H+H has a strong no. 2 position in Poland within aircrete, and with this acquisition we will be in top 3 in the Polish wall building materials market.

It is expected that the combined Polish aircrete and calcium silicate activities will be able to capture significant sales synergies due to cross selling and brand value. Hence, the rationale behind the deal differs significantly from H+H Polska’s acquisition of the aircrete producer Grupa Prefabet two years ago. Further, we see this as an excellent opportunity for H+H to gain knowledge in a complementary product area, which also has strong penetration in the high-rise segment, including in other of our Central European Markets.”

Outlook for H+H

As the transaction is expected to be closed end of 2017, the financial impact on the P&L for the year is insignificant. Transaction costs will be recognised as special items. The previously announced guidance for the year is unchanged.

Further, there are no changes to the long-term financial targets, although the acquisition will support the efforts to reach these targets.

Integration costs, recognised as special items, are expected to be approximately DKK 5 million.

Kent Arentoft

Chairman of the Board of Directors

Michael T Andersen

CEO

 

For additional information please contact:

Michael T Andersen, CEO, or Bjarne Pedersen, Vice President, Business Development & IR,

tel.: +45 35 27 02 00.

Vedhæftet fil: 349_KALK PSP.pdf

Opret kommentar

Relateret debat

  • 1 uge
  • 1 måned
  • 1 År
Ingen indlæg

Danske: Moody's ser risiko for sænkning af kreditvurderingen - NY

21-09-2018 15:14:23
Moody's Investors Service er gået i gang med at kigge kreditvurderingen af Danske Bank efter i sømmene og forudser, at der er risiko for en nedjustering. Det oplyser ratinginstituttet fredag, hvor udsigten for Danske Banks kreditvurdering er sænket til "negativ" fra "stabil".Ændringen kommer, efter at banken har offentliggjort rapporten om hvidvask i sin estiske filial tidligere på ugen, skriver M..

Mærsk/Sydbank: Fundamentaler peger ikke mod gode fragtrater

21-09-2018 11:08:55
Efter en periode med overvejende positiv udvikling i fragtraterne er rateindekset Shanghai Containerized Fright Index, SCFI, nu faldet tre uger i træk. Den negative udvikling stopper dog ikke nødvendigvis her, vurderer senioranalytiker Morten Imsgard fra Sydbank, der dækker A.P. Møller-Mærsk. - Nu har vi set tre uger i træk, så det er lidt en trend, men ellers er der stor udsving i de her ugentlig..

Aktier/tendens: Danske Bank trækker overskrifter i ventet grønt marked

21-09-2018 08:04:56
Danske Bank kan fredag komme under investorernes kritiske lup, efter at flere danske aviser endnu engang har banken og undersøgelsen af dens rolle i hvidvasksagen som forsidestof.Børsen kan berette, at selskabet Deminor, der er ekspert i gruppesøgsmål, vil forsøge at samle opbakning blandt aktionærerne til en ny granskning af hvidvasksagen. I Jyllands-Posten Erhverv mener flere eksperter, at det e..

Mest læste nyheder

  • 24 timer
  • 48 timer
  • 1 uge
1
Hold på hat og briller: Wall Street kan blive ramt af udsving fredag
2
Vestas-kunde dropper vindmølleprojekt på 600 megawatt
3
NKT/Jyske: Milliardprojekt nærmer sig - kursmålet løftes - NY
4
Vestas/Sydbank: Venter stærk kvartalsafslutning på ordrefronten
5
Fredagens aktier: Grønt firkløver trak C25 op trods fald i Danske Bank

Relaterede aktiekurser

H+H International A/S 122,00 -0,8% Fald i aktiekurs

Køb- og salgsanbefalinger

  • Trend
  • Pengemaskinen

Copyright Berlingske Media 2018  Handelsbetingelser  |  Cookiedeklaration  |  Cookie- og Privatlivspolitik  |  Ophavsret og vilkår
Aktieinformation leveres af Morningstar.
Data er forsinket 15-20 minutter iht. de enkelte børsers regler om videredistribution.
 
22. september 2018 09:04:41
(UTC+01:00) Brussels, Copenhagen, Madrid, Paris
Version: LiveBranchBuild_20180919.1 - EUROWEB1 - 2018-09-22 09:04:41 - 2018-09-22 09:04:41 - 1 - Website: OKAY