Haki Safety Acquires Supplier Of Aircraft Ground Support Equipment

About this update from Haki Safety Ab Class A

HAKI Safety AB OMXSTO:HAKI_A:HAKI SAFETY AB (PUBL): HAKI SAFETY ACQUIRES SUPPLIER OF AIRCRAFT GROUND SUPPORT EQUIPMENTNEWBOW AEROSPACE'S TURNOVER OVER LAST TWELVE MONTHS AMOUNTED TO APPROXIMATELY SEK 40 M (GBP 3.3 M)INITIAL PURCHASE PRICE AMOUNTS TO GBP 2.3 M ON A DEBT-FREE BASIS, INCLUDING WORKING CAPITAL ADJUSTMENTSAN ADDITIONAL PURCHASE PRICE MAY BE DUE BASED ON NEWBOW AEROSPACE'S PERFORMANCE UNTIL APRIL 2026ACQUISITION IS PAID IN CASH AND FINANCED WITHIN FRAMEWORK OF EXISTING CREDIT FACILITIES.ADDITIONAL PURCHASE PRICE ESTIMATED AT GBP 1 MGROUP'S DEBT RATIO TO TEMPORARILY EXCEED TARGET OF 2.5 TIMES

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