SBF signs letter of intent to acquire a specialist in interior design for trains
DGAP-News: SBF AG
/ Key word(s): Letter of Intent/Takeover
SBF signs letter of intent to acquire a specialist in interior design for trains
Leipzig, November 9, 2021 - SBF AG (ISIN: DE000A2AAE22; WKN A2AAE2, 'SBF'), a listed supplier of LED lighting systems for rolling stock and industry, is taking another important step in implementing its growth strategy. SBF's Management Board has signed a letter of intent with a German train interiors company for a majority investment. Due diligence will begin shortly, the positive outcome of which is a prerequisite for the successful completion of the acquisition. SBF expects the transaction to bring far-reaching synergy effects and an expansion of its product range.
09.11.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | SBF AG |
Zaucheweg 4 | |
04316 Leipzig | |
Germany | |
Phone: | +49 (0)341 65235894 |
E-mail: | info@sbf-ag.com |
Internet: | www.sbf-ag.com |
ISIN: | DE000A2AAE22 |
WKN: | A2AAE2 |
Listed: | Regulated Unofficial Market in Berlin, Frankfurt, Munich (m:access), Stuttgart |
EQS News ID: | 1247113 |
End of News | DGAP News Service |
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1247113 09.11.2021