The listed power firm Skandia Greenpower is shopping for the Motkraft Gruppen, together with the ability firm Motkraft, for NOK 36.5 million, in accordance with an announcement on the inventory alternate on Monday morning.
The corporate has accepted from shareholders who personal 59 % of Motkraft, which can set off a joint sale obligation for the opposite shareholders. The takeover is scheduled for September 1, and the settlement will probably be within the type of money.
– We’ll proceed with Motkraft as our personal model and a fairly difficult firm within the personal market, says the CEO of Skandia Greenpower, Tommie Rudi.
Protest towards the electrical energy trade
Motkraft was as soon as based by NTNU college students Bjørn Spieler and Anders Rodem as a protest towards the electrical energy trade.
In the present day, the corporate has 28,500 subscribers and gross sales of roughly NOK 375 million in 2023, with an working revenue of lower than NOK 15.6 million.
Earlier this yr, the corporate made a problem by means of Folkeinvest, the place new shareholders subscribed for shares at NOK 18.41. The bid from Skandia Greenpower corresponds to NOK 20.25 per share earlier than transaction prices, it’s reported within the announcement.
– We’re very proud to have the ability to provide this deal to each our shareholders and our clients. The ability trade is dealing with consolidation and as a part of Skandia Greenpower each Motkraft’s model and imaginative and prescient will dwell on in a strengthened type, says Motkraft founder Bjørn Spieler.
2024-07-01 06:11:41
#Purchase #electrical #firm #Motkraft
