The acquisition of the US company Wilbur Curtis (sales above $90m) is a positive operation for Seb. It reinforces the group’s positions in the professional coffee machines market and increases the size in the US where Seb is small. Considering the size of the deal, the integration of Wilbur Curtis should have a moderate positive effect on EPS.
09 Jan 2019
Acquisition in the US, in professional coffee equipment
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Acquisition in the US, in professional coffee equipment
SEB SA (SEBS:WBO) | 0 0 1.1% | Mkt Cap: 8,313m
- Published:
09 Jan 2019 -
Author:
Hélène Coumes -
Pages:
2
The acquisition of the US company Wilbur Curtis (sales above $90m) is a positive operation for Seb. It reinforces the group’s positions in the professional coffee machines market and increases the size in the US where Seb is small. Considering the size of the deal, the integration of Wilbur Curtis should have a moderate positive effect on EPS.