Cavotec completes sale of Dabico Airport Solutions.
NORDIC BUSINESS REPORT-July 29, 2022-Cavotec completes sale of Dabico Airport Solutions
(C)2022 M2 COMMUNICATIONS http://www.m2.com
Engineering company Cavotec SA (STO:CCC) announced on Friday the completion of the sale of its airports business, Dabico Airport Solutions, to US-based investment company Fernweh Group LLC.
Cavotec said that it received a total consideration of EUR13m in cash.
"The Dabico team and I are excited to partner with Fernweh in this next chapter for Dabico as a standalone company," said Juergen Strommer, CEO...
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