SCA Mezs Latvija, SIA completed the acquisition of SIA Latvijas Mezu Kompaniju and Baltic Forest IV SIA from Latvian Forest Company AB (NGM:LATF B) for 26.2 million.
SCA Mezs Latvija, SIA signed a letter of intent to acquire SIA Latvijas Mezu Kompaniju and Baltic Forest IV SIA from Latvian Forest Company AB (publ) (NGM:LATF B) for 26 million on February 4, 2019. SCA Mezs Latvija, SIA concluded a share purchase agreement to acquire SIA Latvijas Mezu Kompaniju and Baltic Forest IV SIA from Latvian Forest Company AB for 24.6 million on March 8, 2019. The consideration includes 7.9 million payable by SCA Mezs Latvija for shareholder loan. The transaction is subject to approval from shareholders of Latvian Forest Company and from board of Svenska Cellulosa Aktiebolaget SCA (publ), parent of SCA Mezs Latvija. As of March 27, 2019, the transaction is approved by the shareholders of Latvian Forest Company.
SCA Mezs Latvija, SIA completed the acquisition of SIA Latvijas Mezu Kompaniju and Baltic Forest IV SIA from Latvian Forest Company AB (publ) (NGM:LATF B) for 26.2 million on April 8, 2019. The consideration includes 9.4 million payable by SCA Mezs Latvija for shareholder loan.