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The acquisition means that Kabe can acquire a joint venture for the development and purchase of products as well as the exchange of production technology, according to the Direkt news agency.
Kabe buys 1.5 million pounds sterling. In addition, Kabe has the option of acquiring more than eleven percent of Coachman's stock at a later date.
Coachman has a business turnover of about 400 million and has an operating margin of about five percent. Cabin sales rose to just over 2.3 billion and profits to 171 million. The acquisition of the shares is expected to contribute around SEK 0.40 per share earnings on an annual basis, Kabes earnings per share at 14.56. The issuance of shares was 5.50 per share for 2017. All figures refer to the last accounting year.
Here you will find Coachman's website.
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