Sweden: ADDvise pays Skr37.5m for medtech company Seebreath

ADDvise Group, a supplier of equipment to healthcare and research facilities, has signed a Letter of Intent with the shareholders of Seebreath to acquire 100% of the shares in the company. The transaction totals Skr37.5m (US$3.96m), divided into an initial purchase price of Skr29m, with two potential earn-outs of maximum Skr4.25m apiece, subject to the…

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