Correction: In the press release published on September 28 at 7am, an incorrect company name was stated for the buyer of Kebni’s shares in ScaffSense AB. The correct name of the buyer is Nordic Access Group. All other information in the press release remains unchanged. The corrected press release is presented in its entirety below.
Kebni agrees to divest its shares in ScaffSense
Kebni AB (publ) has entered into an agreement to sell its shares in the joint venture company ScaffSense AB to Nordic Access Group for a purchase price of 4 MSEK. The divestment follows the strategic review of Kebni’s ownership in ScaffSense previously announced by the company.
In connection with the publication of the Q2 report, Kebni recognised an impairment loss in respect of its holding in ScaffSense.
The transaction is in line with Kebni’s strategy to focus its resources on its core business areas, Inertial Sensing and Satcom, while providing ScaffSense with a new ownership structure for its continued development.
The transaction is expected to be completed during September. Following completion, Kebni will no longer hold any shares in ScaffSense.