19:16:34 Europe / Stockholm

Kurs & Likviditet

Kursutveckling och likviditet under dagen för detta pressmeddelande

Kalender

2024-10-29 Kvartalsrapport 2024-Q3
2024-08-14 Kvartalsrapport 2024-Q2
2024-05-07 Kvartalsrapport 2024-Q1
2024-04-15 X-dag ordinarie utdelning ASPO 0.24 EUR
2024-04-12 Årsstämma 2024
2024-02-16 Bokslutskommuniké 2023
2023-11-02 X-dag halvårsutdelning ASPO 0.23
2023-11-01 Kvartalsrapport 2023-Q3
2023-08-10 Kvartalsrapport 2023-Q2
2023-05-03 Kvartalsrapport 2023-Q1
2023-04-05 X-dag halvårsutdelning ASPO 0.23
2023-04-04 Årsstämma 2023
2023-02-15 Bokslutskommuniké 2022
2022-11-03 X-dag halvårsutdelning ASPO 0.22
2022-11-02 Kvartalsrapport 2022-Q3
2022-08-10 Kvartalsrapport 2022-Q2
2022-05-04 Kvartalsrapport 2022-Q1
2022-04-07 X-dag halvårsutdelning ASPO 0.23
2022-04-06 Årsstämma 2022
2022-02-16 Bokslutskommuniké 2021
2021-10-28 X-dag halvårsutdelning ASPO 0.17
2021-10-27 Kvartalsrapport 2021-Q3
2021-08-11 Kvartalsrapport 2021-Q2
2021-05-05 Kvartalsrapport 2021-Q1
2021-04-09 X-dag halvårsutdelning ASPO 0.18
2021-04-08 Årsstämma 2021
2021-02-11 Bokslutskommuniké 2020
2020-10-29 Kvartalsrapport 2020-Q3
2020-10-02 X-dag halvårsutdelning ASPO 0.11
2020-08-12 Kvartalsrapport 2020-Q2
2020-05-05 Kvartalsrapport 2020-Q1
2020-05-05 X-dag halvårsutdelning ASPO 0.11
2020-05-04 Årsstämma 2020
2020-02-13 Bokslutskommuniké 2019
2019-10-30 X-dag halvårsutdelning ASPO 0.22
2019-10-29 Kvartalsrapport 2019-Q3
2019-05-08 Kvartalsrapport 2019-Q1
2019-04-10 X-dag halvårsutdelning ASPO 0.22
2019-04-09 Årsstämma 2019
2019-02-14 Bokslutskommuniké 2018
2018-10-26 X-dag halvårsutdelning ASPO 0.22
2018-10-25 Kvartalsrapport 2018-Q3
2018-08-14 Kvartalsrapport 2018-Q2
2018-05-03 Kvartalsrapport 2018-Q1
2018-04-11 X-dag halvårsutdelning ASPO 0.21
2018-04-10 Årsstämma 2018
2018-02-15 Bokslutskommuniké 2017
2017-10-27 X-dag halvårsutdelning ASPO 0.21
2017-10-26 Kvartalsrapport 2017-Q3
2017-08-15 Kvartalsrapport 2017-Q2
2017-05-09 Kvartalsrapport 2017-Q1
2017-04-06 X-dag halvårsutdelning ASPO 0.21
2017-04-05 Årsstämma 2017
2017-02-15 Bokslutskommuniké 2016
2016-10-27 Kvartalsrapport 2016-Q3
2016-08-17 Kvartalsrapport 2016-Q2
2016-04-28 Kvartalsrapport 2016-Q1
2016-04-08 X-dag ordinarie utdelning ASPO 0.41 EUR
2016-04-07 Årsstämma 2016
2016-02-11 Bokslutskommuniké 2015
2015-11-26 Kapitalmarknadsdag 2015
2015-10-28 Kvartalsrapport 2015-Q3
2015-08-13 Kvartalsrapport 2015-Q2
2015-05-06 Kvartalsrapport 2015-Q1
2015-04-10 X-dag ordinarie utdelning ASPO 0.40 EUR
2015-04-09 Årsstämma 2015
2015-02-12 Bokslutskommuniké 2014
2014-12-11 Extra Bolagsstämma 2014
2014-10-28 Kvartalsrapport 2014-Q3
2014-08-18 Kvartalsrapport 2014-Q2
2014-05-05 Kvartalsrapport 2014-Q1
2014-04-04 X-dag ordinarie utdelning ASPO 0.21 EUR
2014-04-03 Årsstämma 2014
2014-02-13 Bokslutskommuniké 2013
2013-11-27 Kapitalmarknadsdag 2013
2013-10-24 Kvartalsrapport 2013-Q3
2013-08-20 Kvartalsrapport 2013-Q2
2013-04-29 Kvartalsrapport 2013-Q1
2013-04-11 X-dag ordinarie utdelning ASPO 0.42 EUR
2013-04-10 Årsstämma 2013
2013-02-14 Bokslutskommuniké 2012
2012-10-25 Kvartalsrapport 2012-Q3
2012-08-21 Kvartalsrapport 2012-Q2
2012-04-27 Kvartalsrapport 2012-Q1
2012-04-04 X-dag ordinarie utdelning ASPO 0.42 EUR
2012-04-03 Årsstämma 2012
2012-02-14 Bokslutskommuniké 2011
2011-12-08 Kapitalmarknadsdag 2011
2011-10-26 Kvartalsrapport 2011-Q3
2011-08-18 Kvartalsrapport 2011-Q2
2011-05-11 Kvartalsrapport 2011-Q1
2011-04-06 X-dag ordinarie utdelning ASPO 0.42 EUR
2011-04-05 Årsstämma 2011
2010-04-08 X-dag ordinarie utdelning ASPO 0.42 EUR
2009-04-01 X-dag ordinarie utdelning ASPO 0.42 EUR
2008-04-11 X-dag ordinarie utdelning ASPO 0.42 EUR
2007-03-30 X-dag ordinarie utdelning ASPO 0.41 EUR
2006-04-05 X-dag ordinarie utdelning ASPO 0.40 EUR
2005-04-07 Split ASPO 1:3
2005-04-01 X-dag ordinarie utdelning ASPO 1.19 EUR
2004-04-02 X-dag bonusutdelning ASPO 0.9
2004-04-02 X-dag ordinarie utdelning ASPO 0.50 EUR
2003-04-11 X-dag bonusutdelning ASPO 0.56
2003-04-11 X-dag ordinarie utdelning ASPO 0.42 EUR
2002-04-26 X-dag ordinarie utdelning ASPO 0.36 EUR
2002-04-26 X-dag bonusutdelning ASPO 0.2
2001-04-27 X-dag bonusutdelning ASPO 0.25
2001-04-27 X-dag ordinarie utdelning ASPO 0.30 EUR
2000-04-14 X-dag ordinarie utdelning ASPO 0.50 EUR
2000-04-14 X-dag bonusutdelning ASPO 1.5

Beskrivning

LandFinland
ListaMid Cap Helsinki
SektorMaterial
IndustriPlast, kemikalier & fetter
Aspo är verksamt inom transport- och logistikbranschen. Bolaget drivs som ett konglomerat med visionen att vara en aktiv aktör inom förvärv och utveckling av företag, huvudsakligen inom tillväxtmarknaderna i östra Europa. Branscherna där bolaget innehar intressen i inkluderar exempelvis dagligvaruhandeln, industri, samt IT-sektorn. Huvudkontoret ligger i Helsingfors.
2024-04-29 10:45:00

Aspo Plc
Inside information
April 29, 2024 at 11:45

Correction to the inside information: Aspo subsidiary makes major acquisition in Sweden – Telko to become a leading local player in distribution of chemicals and Leipurin expands into specialty ingredients and the food industry

Aspo Plc corrects and supplements the insider information published on April 29, 2024 at 09:25 regarding Telko’s acquisition. The original announcement incorrectly stated that the purchase price would be SEK 500 million. Corrected information:

  • The enterprise value is SEK 500 million (approx. EUR 43 million*)
  • The estimated purchase price at closing is SEK 473 million (approx. EUR 40 million*)

    *Based on the SEK–EUR exchange rate of 11.7052 on April 26, 2024.

The original announcement did not include the following information:

  • The transaction does not have an impact on Aspo’s guidance for 2024, which remains unchanged: Aspo Group’s comparable operating profit is estimated to exceed EUR 30 million in 2024.


The full text with the above mentioned corrected and supplemented information in its entirety is available below.

****

Aspo's subsidiary Telko Oy expands its chemicals business in Sweden by acquiring Swed Handling AB, a leading Swedish chemical distributor, from TeRa Invest AB. As part of the transaction, Aspo’s subsidiary Leipurin Oyj expands its food industry business in Sweden, via the technical food ingredient distributor Kebelco AB, which is a subsidiary of Swed Handling.

In Aspo Group’s financial reporting, Swed Handling excluding Kebelco will be reported as part of the Telko segment and Kebelco as part of the Leipurin segment. The closing of the transaction is subject to customary competition authority approvals and foreign direct investment (FDI) filings. Closing of the transaction is expected during the third quarter of 2024.

“We are excited to take this step in our compounder strategy execution and expand in Sweden through this acquisition which doubles our net sales in chemicals. With Swed Handling’s existing customer focused business model that combines high quality processed chemical products with customized service, we are significantly strengthening Telko’s presence in the Nordic markets”, says Mikko Pasanen, Managing Director of Telko.

“Acquiring Kebelco enables Leipurin to expand further in the food industry, beyond the bakery segment, with high value specialty products in line with our strategy. So far Leipurin has operated in Sweden primarily in the bakery segment, while in Finland expansion also to other food industry is well on the way. This acquisition enables our shift towards technical value add products, with obvious synergies with all Leipurin countries”, says Miska Kuusela, Managing Director of Leipurin.

“We are delighted to see both Telko and Leipurin expand through this significant acquisition, making Sweden Aspo’s largest country of operation in terms of total net sales. Already prior to this latest transaction, Aspo has a successful track-record of expanding into Sweden non-organically, via the acquisitions of AtoBatC Shipping AB and Kobia AB”, says Rolf Jansson, CEO of Aspo Group.

The enterprise value is SEK 500 million (approx. EUR 43 million*) with an additional earnout mechanism of SEK 0–130 million (approx. EUR 0–11 million*) for 2024–2025, depending on Swed Handling’s profitability development, excluding Kebelco. The estimated purchase price at closing is SEK 473 million (approx. EUR 40 million*). Up to SEK 100 million (approx. EUR 9 million*) of the total purchase price can be paid in Aspo’s shares and the rest in cash.

The proportion of the purchase price payable in shares will be decided by Aspo prior to closing and the number of shares to be issued will be based on a volume weighted average Aspo share price defined during a 30-day period ending 5 days prior to the closing date. Aspo’s shares are used to align the interests of Aspo Group with the seller, whose key representatives remain in the service of Swed Handling.

The Board of Directors of Aspo is expected to decide on the above directed share issue (if any) to TeRa Invest AB in connection with the closing of the transaction. Shares possibly directed will be subject to a 3-year lock-up period. The possible earnout will be payable in cash in 2026.

Swed Handling (incl. Kebelco) has approximately 100 employees. The transaction does not have an impact on Aspo’s guidance for 2024, which remains unchanged: Aspo Group’s comparable operating profit is estimated to exceed EUR 30 million in 2024.

* Based on the SEKEUR exchange rate of 11.7052 on April 26, 2024. Actual future outcomes may differ from the estimates.

Key financials

Acquired entityBusinessRelated Aspo segmentNet Sales SEK millionNet Sales EUR million**EBIT
SEK million
EBIT
EUR million**
Swed Handling excl. KebelcoChemicals ingredients distributionTelko586.5 (2023)
657.3 (2022)
51.2 (2023)
61.9 (2022)
54.3 (2023)
55.0 (2022)
4.7 (2023)
5.2 (2022)
KebelcoTechnical food ingredients distributionLeipurin94.0 (2023)
80.3 (2022)
8.2 (2023)
7.6 (2022)
6.6 (2023)
7.5 (2022)
0.6 (2023)
0.7 (2022)

** Figures in EUR are based on the average SEKEUR exchange rates: 10.62583 in 2022 and 11.45634 in 2023


Aspo Plc 

Rolf Jansson  
CEO 

Further information, please contact: 
Rolf Jansson, CEO, Aspo Plc, tel. +358 400 600 264, rolf.jansson@aspo.com 
Mikko Pasanen, Managing Director, Telko, tel. +358 40 743 6665, mikko.pasanen@telko.com 
Miska Kuusela, Managing Director, Leipurin, tel. +358 40 820 1943, miska.kuusela@leipurin.com

Distribution:
Nasdaq Helsinki
Key media
www.aspo.com

Aspo creates value by owning and developing business operations sustainably and in the long term. Our companies aim to be market leaders in their sectors. They are responsible for their own operations, customer relationships and the development of these aiming to be forerunners in sustainability. Aspo supports its businesses profitability and growth with the right capabilities. Aspo Group has businesses in 16 different countries, and it employs a total of approximately 700 professionals.