Showing posts with label service point solutions (SPS.MC). Show all posts
Showing posts with label service point solutions (SPS.MC). Show all posts

Saturday, January 29, 2011

Goldbug100 - Service Point Solutions (SPS.MC) Press Release. Service Point to acquire Holmbergs of Sweden

January 21st, 2011


  • SPS is entering the Swedish and Danish markets with the acquisition of Holmbergs, a company with annual revenue of €14 million 
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  • SPS’s plan is to build a Scandinavian business with turnover of €100 million over the coming years. The company is currently in active talks with targets in Sweden, Finland and Denmark 
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  • This acquisition will generate significant synergies across the SPS Group, especially with its successful Norwegian arm through the rollout in Sweden of the online strategies deployed in 2010 (www.idekor.no
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  • The acquisition will close following completion of the equity raise to be approved at the shareholder meeting called for 21st February 
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  • The acquisition price will be 5 times audited 2010 EBITDA. The target boasts solid cash flow generation and net cash of more than €1 million

Sunday, November 7, 2010

Goldbug100 - SERVICE POINT ( MCE: SPS.MC / ISIN ES0143421G11 ) news release

November 5th, 2010

Service Point´s Norway Subsidiary signs contract with Statoil ASA

The contracts extend for 2 years and it’s worth it 1 million euros
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The contracts cover print services to the groups locations in Norway and abroad
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Service Point Norway represented 15% of revenue in fiscal 2009
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Read more | See older releases
SPS.MC Close of market 0.53Down 0.02