BICO Sells Finnish Property for EUR 3.5 Million, Boosting Cash Flow and Streamlining Portfolio

An announcement from BICO Group AB Class B ( (SE:BICO) ) is now available.

BICO Group AB has sold its Finnish property in Oulu by divesting BICO Real Estate Oy to Logistea AB for a total consideration of EUR 3.5 million, a price that represents an estimated 10 percent premium to book value. The facility was previously tied to Ginolis, a former BICO subsidiary divested in November 2023, and carving it out into a separate real estate unit was part of that broader strategic exit.

With the closing of this property transaction, ownership of BICO Real Estate Oy has fully transferred to Logistea, and BICO expects a positive contribution to its cash flow in the first quarter of 2026. The deal further streamlines BICO’s portfolio after the Ginolis divestment and reinforces its focus on core lab automation and life science solutions operations, potentially improving financial flexibility for investments in its main business areas.

The most recent analyst rating on (SE:BICO) stock is a Hold with a SEK18.50 price target. To see the full list of analyst forecasts on BICO Group AB Class B stock, see the SE:BICO Stock Forecast page.

More about BICO Group AB Class B

BICO Group AB is a lab automation partner serving the pharmaceutical and biotech industries, providing selected workflows, instruments, software, and solutions to automate life science laboratories. With more than 53,600 instruments installed in over 65 countries and a customer base that includes the world’s top 20 pharmaceutical companies and over 3,500 labs, BICO operates through two business areas, Lab Automation and Life Science Solutions, and is listed on Nasdaq Stockholm’s Mid-Cap market.

Average Trading Volume: 219,445

Technical Sentiment Signal: Sell

Current Market Cap: SEK1.27B

For an in-depth examination of BICO stock, go to TipRanks’ Overview page.