DistIt acquires EFUEL, one of Sweden’s largest EV charging companies
Total consideration SEK 185m, EV/EBIT of ~15.4x, +SEK 140m earn-out
Q2 sales growth 7.8%, EBITDA flat y-o-y adjusting for state support
We cease coverage on Distit due to reallocation of resources
18 Aug 2021
Arctic Credit FLASH: DistIT - Acquires EFUEL, reports 7.8% Q2 sales growth
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Arctic Credit FLASH: DistIT - Acquires EFUEL, reports 7.8% Q2 sales growth
DistIt acquires EFUEL, one of Sweden’s largest EV charging companies
Total consideration SEK 185m, EV/EBIT of ~15.4x, +SEK 140m earn-out
Q2 sales growth 7.8%, EBITDA flat y-o-y adjusting for state support
We cease coverage on Distit due to reallocation of resources