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Ambea announces completion of the SEK2.6bn acquisition of Aleris' care operations

Jan 22, 2019 - Global Banking News
Board and Executive Moves-Mergers and Acquisitions

Ambea AB (STO:AMBEA), a leading care provider in Sweden, Norway and Denmark, announced on Monday the completion of the acquisition of Aleris' care operations in Sweden, Norway and Denmark on 21 January 2019.

This acquisition had a purchase price of SEK2.6bn on a debt and cash free basis (enterprise value) and the final purchase price including Aleris care operations' net cash position at closing amounted to approximately SEK3bn.

Reportedly with the closing of this acquisition, Ambea ...