tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Bergman & Beving Completes Divestment of Skydda’s Nordic Operations

Story Highlights
Bergman & Beving Completes Divestment of Skydda’s Nordic Operations

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Bergman & Beving AB Class B ( ($SE:BERG.B) ) has issued an update.

Bergman & Beving AB has announced the completion of its divestment of Skydda’s Nordic operations to Ahlsell, valued at MSEK 300, with the transaction expected to close on July 1, 2025. This strategic move, approved by competition authorities in Sweden, Finland, and Norway, aligns with Bergman & Beving’s focus on sustainable development and profitability, with no major impact on the realization result anticipated.

More about Bergman & Beving AB Class B

Bergman & Beving, founded in 1906, is a Swedish listed group that acquires and develops leading companies with an eternal ownership horizon. The Group’s autonomous companies work in expansive niches where they provide value-adding solutions for industrial and construction clients. Bergman & Beving is listed on Nasdaq Stockholm, has approximately 1,400 employees and a turnover of approximately SEK 5 billion, consisting of about 35 companies represented in more than 25 countries.

Average Trading Volume: 31,101

Current Market Cap: SEK8.31B

See more insights into BERG.B stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1