NOBINA ENTERS INTO AGREEMENT TO ACQUIRE DE BLAA OMNIBUSSER
Nobina has entered into an agreement to acquire the public transport company DBO Busser Holding A/S “De Blaa Omnibusser” in Denmark. The acquisition encompasses a business with approximately 65 buses and 225 employees in tendered regular services in north Zealand. The total purchase price amounts to a fixed consideration of DKK 210 million on a cash and debt-free basis. The acquisition is in line with Nobina’s strategy to grow in the Nordic market and the transaction will add three new contracts with annual sales of about DKK 160 million.