# Gurit signs agreement to acquire JSB Group for DKK 520 million

Gurit has signed an agreement to acquire all shares in JSB Group, a market leader for core material kits for wind turbine blades, for an equity value of DKK 520 million. Closing is expected by mid-October 2018.

- Type: Acquisition
- Announced: 2018-10-01
- Where: Denmark
- Value: $81.0M (520.0M DKK)
- Status: announced
- Products: core material kits for wind turbine blades
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Gurit](https://endata.com/companies/17218.md) (acquirer)
- [JSB Group](https://endata.com/companies/34649.md) (target)

## Sources

- [gurit.com](https://www.gurit.com/ad-hoc-announcement-gurit-signs-agreement-to-acquire-jsb-group-a-s/), 2018-10-01: "Gurit today announces the signing of an agreement to acquire all shares in JSB Group for an equity value of DKK 520 million, subject to select closing conditions."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.