HMS Networks has completed the divestment of MB Connect Line
18 Oktober 2024 - 3:00PM
UK Regulatory
HMS Networks has completed the divestment of MB Connect Line
HMS Industrial Networks GmbH, a wholly owned subsidiary
of the HMS Networks AB (publ) group, has today completed the
divestment of all shares in Red Lion Europe GmbH, located in
Dinkelsbühl, Germany.
On October 1, 2024, HMS announced that an agreement had been
signed to divest Red Lion Europe GmbH for a cash consideration of
EUR 5 million.
HMS has today completed the divestment with effective date
October 1, 2024. Business operations are continued by the company's
long-standing managers.
For more information, please contact:
Staffan Dahlström, CEO HMS, +46 (0)35 17 29 01
Joakim Nideborn, CFO HMS, +46 (0)35 710 6983
HMS Networks AB (publ) is a
market-leading provider of solutions in Industrial Information and
Communication Technology (Industrial ICT) and employs over 1 200
people. Local sales and support are handled through over 20 sales
offices all over the world, as well as through a wide network of
distributors and partners. HMS reported sales of SEK 3,025 million
in 2023 and is listed on the NASDAQ OMX in Stockholm in the Large
Cap segment and Telecommunications sector.
- PR - HMS Networks has completed the divestment of MB Connect
Line
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