Loihde Oyj (HLSE:LOIHDE) agreed to acquire Onrego Oy from Roaring Aspen Hill Oy for €4.9 million on November 1, 2022. Under the terms, €4.3 million will be paid in cash. In addition, the parties have agreed on a reinvestment by Roaring Aspen Hill of €0.6 million. A directed share issue against payment to Roaring Aspen Hill, in which a maximum of 50,000 new shares in Loihde may be issued at €11.99 per share. For the year ended December 2021, Revenue was €7.1 million and EBITDA was €0.5 million. The planned implementation date of the acquisition is December 1, 2022.

Loihde Oyj (HLSE:LOIHDE) completed the acquisition of Onrego Oy from Roaring Aspen Hill Oy on December 1, 2022.