Deal Snapshot
ELISA TO ACQUIRE SWEDEN-BASED POLYSTAR FOR EUR 70M
Wednesday 12 June 2019

Finland-based telecommunications and digital services provider Elisa has agreed to acquire 100% of Sweden-based Polystar OSIX AB group shares, the company said.
The acquisition price is EUR 70m (USD 79m) (cash and debt-free EV). The agreement includes also an additional acquisition price, max EUR 5.0m (USD 5.7m), if growth targets are achieved. Polystar's revenue was SEK 395m (USD 41.9m) and EBIT SEK 68m (7.3m) (fiscal year ending April 2019, unaudited).


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Details
Date Published: 12/06/2019
Target: Polystar OSIX
Country: Sweden
Deal Size: 79m (USD)
Sector: Telecommunications
Type: Corporate acquisition
Financing: Cash
Status: Agreed
Vendor:
Buyer: Elisa
Comment:


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