MBH Corporation Plc

  • WKN: A2JDGJ
  • ISIN: GB00BF1GH114
  • Land: Großbritannien

Nachricht vom 09.06.2020 | 12:34

MBH Corporation plc acquires 'Logistica Training' into education industry vertical

MBH Corporation Plc / Key word(s): Investment
MBH Corporation plc acquires 'Logistica Training' into education industry vertical

09-Jun-2020 / 12:34 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


MBH Corporation plc acquires 'Logistica Training' into education industry vertical

London, 9 June 2020 -
MBH Corporation plc (MBH), a diversified investment holding company, is continuing to pursue its acquisition strategy by welcoming its 11th company which will sit within its established Education vertical. MBH is further expanding its UK portfolio with the 100% acquisition of Logistica Training Limited. Logistica delivers training to the essential, and growing Health and Social (H&S) care sector and had generated Revenues of GBP 1.9m and an EBIT of GBP 0.8m in its 2019 audited financial year. This acquisition will see the pro-forma revenues of MBH group portfolio companies rise to over GBP 81m.

MBH has established a EUR 50m medium-term bond programme. A portion of this bond will be used for the acquisition of Logistica. The total consideration for the acquisition of Logistica Training is approximately GBP 5.8m of which the majority is settled by way of the listed bond in accordance with the bond programme with the following terms:

  • 5-year maturity with principal payable at maturity; and
  • 2% coupon rate per annum payable semi-annually.

This acquisition is expected to be earnings per share ("EPS") accretive.

Contact: MBH Corporation plc, Charlotte Williams, charlotte@unity-group.com, +44 (0)770 396 3953


Information and Explanation of the Issuer to this News:

About MBH

MBH Corporation plc is a diversified investment holding company, listed on the Frankfurt and Dusseldorf Stock Exchanges. The company acquires small to medium enterprises across multiple geographies and sectors that are well established, profitable and looking to scale. By leveraging the Agglomeration strategy, MBH Corporation plc is able to create substantial shareholder value through the consistent and accretive acquisition of excellent companies.

www.mbhcorporation.com
 

Contacts for IR and media enquiries:

MBH Corporation plc, Charlotte Williams, charlotte@unity-group.com, +44 (0)770 396 3953

Kirchhoff Consult AG, Nicole Schüttforth, nicole.schuettforth@kirchhoff.de, +49 (0)40 609186 64
 


09-Jun-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de



show this

GBC-Fokusbox

Anleihe der German Real Estate Capital S.A. stark überdurchschnittlich attraktiv

Die Anleihe der German Real Estate Capital S.A. weist aktuell eine Effektivverzinsung von ca. 14 % auf. Da es sich hier quasi um eine Immobilien-Anleihe handelt, ist das Anleiherisiko überschaubar. Insgesamt verfügt die German Real Estate-Gruppe über 6 Objekte, 24 Bestands- und 22 Handelsobjekte, womit eine Kombination aus stetigen Einnahmen und attraktiven Entwicklerrenditen erreicht wird. Wir stufen die Anleihe als stark überdurchschnittlich attraktiv ein.

News im Fokus

Continental entwickelt sich in historisch schwachem zweiten Quartal besser als ihre Märkte

05. August 2020, 08:30

Aktueller Webcast

Commerzbank Aktiengesellschaft

Q2 2020 Results

05. August 2020

Aktuelle Research-Studie

Original-Research: GBC Insider Focus Index (von GBC AG): GBC Insider Focus Index

05. August 2020