Kabe signs an agreement to acquire shares in Coachman Group Ltd - Aboutcamp BtoBAboutcamp BtoB

Kabe signs an agreement to acquire shares in Coachman Group Ltd

19 July 2018
19 July 2018, Comments Comments Off on Kabe signs an agreement to acquire shares in Coachman Group Ltd

On 19 July, KABE Group AB signed an agreement to acquire 21.5% of the shares in Coachman Group Ltd. The acquisition is expected to be completed on August 1st 2018. Coachman will be reported as an associated company in KABE’s consolidated accounts. The KABE and Coachman product range is marketed within the premium segment. The companies do not compete as the products are sold in completely different markets Sweden and the UK. KABE’s acquisition of a part of Coachman enables the companies to collaborate in product development and purchasing, as well as the exchange of production technology.