Sdiptech announces bond tender results and confirms redemption
The company accepted SEK 260 million in valid tenders at a premium, fulfilling financing requirements ahead of the September settlement and scheduled September 25 repayment.
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Infrastructure technology group
sdiptech.seLast updated
In short: Sdiptech acquired several European firms, issued SEK 400 million in bonds, redeemed preference shares, and named Anders Mattson as CEO.
The company accepted SEK 260 million in valid tenders at a premium, fulfilling financing requirements ahead of the September settlement and scheduled September 25 repayment.
The acquisition includes 91 percent of the shares and approximately five million pounds in turnover, strengthening the business within road maintenance.
The British company has approximately GBP 7 million in annual revenue and becomes the eleventh business unit within Supply Chain & Transportation.
Net sales SEK 1,289 million, EBITA margin 19.8%, organic growth 11% and divestment program completed.
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