# VIMAB Group signs letter of intent to acquire AoO CNC AB

VIMAB Group signed a letter of intent to acquire 100% of AoO CNC AB, a Swedish advanced mechanical machining company, for a total purchase price of 23.3 MSEK. The transaction is planned to close in Q1 2023.

- Type: Acquisition
- Announced: 2022-12-05
- Where: Svalöv, Skåne, Sweden
- Value: $2.20M (23.3M SEK)
- Status: announced
- Products: CNC machining services
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [VIMAB Group](https://endata.com/companies/67085.md) (acquirer)
- [AoO CNC AB](https://endata.com/companies/67086.md) (target)

## Sources

- [news.bequoted.com](https://news.bequoted.com/newsroom/vimab-group/pressreleases/vimab-group-ab-publ-tecknar-avsiktsforklaring-att-forvarva-61125/), 2022-12-05: "VIMAB Group AB (publ) har tecknat en avsiktsförklaring med aktieägarna i AoO CNC AB, avseende förvärv av 100 procent av aktierna i AoO CNC"

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