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Brødrene A & O Johansen A/S has agreed to acquire 100% of JMV Cables A/S, a Danish supplier of cable solutions for construction, industry and infrastructure, for DKK 55 million plus an earn-out. The acquisition strengthens AO's position in electrification and specialty cables.
“We are experiencing increasing demand for larger and more specialised cables driven by the electrification of Denmark.”globenewswire.com
Summarized from public sources; check the original articles before acting on it.