Sustainion Group AB (NGM:SUSG) acquired an additional 30% stake in Elpro I Alingsås Aktiebolag for SEK 5 million on June 17, 2024. A cash consideration of SEK 3.75 million will be paid by Sustainion Group AB. Sustainion Group AB will pay an earnout/contingent payment of SEK 1.25 million cash. As part of consideration, SEK 5 million is paid towards common equity of Elpro I Alingsås Aktiebolag.

Sustainion Group AB (NGM:SUSG) completed the acquisition of an additional 30% stake in Elpro I Alingsås Aktiebolag on June 17, 2024.